Barclays raised the firm’s price target on Nabors Industries (NBR) to $36 from $29 and keeps an Underweight rating on the shares. The firm cites Nabors’ updated guidance from its investor presentation for the target increase.
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Read More on NBR:
- Nabors Industries Acquires Parker Wellbore, Divests Quail Tools
- Nabors Industries Amends Credit Agreement for Equity Repurchase
- Nabors Industries Amends Receivables Purchase Agreements
- Nabors Industries Sells Quail Tools for $600 Million
- Nabors Industries price target raised to $47 from $45 at RBC Capital
