RBC Capital raised the firm’s price target on Nabors Industries (NBR) to $77 from $70 and keeps a Sector Perform rating on the shares. The company’s Q4 results demonstrated net debt reduction and relatively strong EBITDA guidance for 2026, 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: