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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:54 EDTNBR, CJESC&J Energy downgraded to Equal Weight at Stephens
As previously reported, Stephens downgraded C&J Energy to Equal Weight from Overweight following its acquisition of Nabor's (NBR) Completion & Production businesses, citing potential integration risk and its lower leverage to the Eagle Ford and Permian areas. The firm lowered its price target on C&J shares to $33 from $36.
News For CJES;NBR From The Last 14 Days
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May 29, 2015
10:01 EDTNBR, CJESOn The Fly: Analyst Initiation Summary
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06:24 EDTNBRNabors Industries initiated with an Overweight at JPMorgan
Target $21.
06:21 EDTCJESC&J Energy initiated with an Overweight at JPMorgan
Target $20.
May 26, 2015
09:58 EDTNBROn The Fly: Analyst Downgrade Summary
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07:22 EDTNBR, NBRNabors Industries downgraded to Underperform from Outperform at CLSA
CLSA downgraded Nabors Industries to Underperform from Outperform despite raising its price target to $16 from $13. CLSA's analyst believes the advancement of unconventional drilling has been one of the most disruptive technologies in the sectors' history and will derail cycle normalization near-term. The firm believes the industry will need half as many rigs to keep production flat until attrition right-sizes the industry.
May 21, 2015
07:25 EDTNBRUBS to hold a conference
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