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Stock Market & Financial Investment News

News Breaks
July 1, 2014
07:39 EDTNBRNabors Industries upgraded to Overweight from Equal Weight at Stephens
Stephens upgraded Nabors (NBR) to Overweight following the agreement to merge its Completion Services and Production Services businesses with C&J Energy (CJES). The firm expects the deal to be accretive to margins and accelerate investment into the core drilling businesses and drive the multiple higher. Price target raised to $33 from $27.
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.
January 25, 2016
10:01 EDTNBRNabors Industries downgraded to Hold from Accumulate at Tudor Pickering
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