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Stock Market & Financial Investment News

News Breaks
June 27, 2014
08:25 EDTCJES, NBRNabors deal with C&J Energy materially positive step forward, says BMO Capital
BMO Capital views Nabors' (NBR) transaction with C&J Energy (CJES) as a materially positive step forward that unlocks some of the trapped value in Nabor's conglomerate structure. The firm adds that the valuation of the deal was slightly above its estimates and keeps its Outperform rating on Nabors.
News For NBR;CJES From The Last 14 Days
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February 2, 2016
07:18 EDTNBRJefferies sees relative value in Nabors Industries
Jefferies analyst Brad Handler believes shares of Nabors Industries (NBR) can outperform Patterson-UTI (PTEN) over the near term and Helmerich & Payne (HP) over the longer term. His analysis suggests Nabors likely avoids covenant breach and has adequate liquidity to weather the downturn. Handler keeps a Hold rating on Nabors, however, with a reduced price target of $7.

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