Barclays analyst Eddie Kim raised the firm’s price target on Nabors Industries (NBR) to $45 from $36 and keeps an Underweight rating on the shares. The company reported an in-line Q3, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NBR:
- Nabors Industries Completes $700M Notes Sale
- Nabors Industries Upsizes Note Offering to $700 Million
- Nabors Industries price target raised to $58 from $38 at Citi
- Nabors Industries joint venture rigs in Saudi Arabia to resume operations
- Nabors Industries Faces Governance Risks from Concentrated Voting Power