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 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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