Nabors Industries price target raised to $215 from $189 at Susquehanna

Susquehanna analyst Charles Minervino raised the firm’s price target on Nabors Industries to $215 from $189 and keeps a Neutral rating on the shares. The analyst said while all of Nabor’s segments should improve in this current environment, the International segment is the one that will be closely watched given the rising level of global drilling activity. The company indicated it is expecting more growth in this segment in coming quarters.