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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:42 EDTNBRNabors Industries downgraded at Bernstein
As noted earlier, Bernstein downgraded Nabors to Market Perform from Outperform. The firm believes that investors' optimism towards North American oil services stocks has peaked, as it sees risks to continued improvement by the sector in 2015 and believes that stocks in the sector appear fairly valued.
News For NBR 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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