UBS analyst Josh Silverstein initiated coverage of National Energy Services (NESR) with a Buy rating and $25 price target The firm likes the company’s “stable growth” across the Middle East and North Africa region. UBS sees National Energy benefitting from the recovering Saudi activity and the recently awarded Jafurah contract. These should drive the company’s sales and EBITDA growth above consensus estimates, the analyst tells investors in a research note. UBS looks for potential upcoming contract wins in the first half of 2026.
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