Susquehanna raised the firm’s price target on Nabors Industries (NBR) to $105 from $85 and keeps a Neutral rating on the shares. The firm updated its estimates following Q1 results. The guidance implies some recovery in 2Q, though the firm sees more potential in the second half of the year through 2027.
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Read More on NBR:
- Nabors Industries Signals Cautious Optimism in Earnings Call
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- Nabors Industries Ltd. (NBR) Q1 Earnings Cheat Sheet
- Nabors Industries price target raised to $100 from $80 at Morgan Stanley
- Nabors Industries price target raised to $84 from $80 at Piper Sandler