Dahlman Rose Upgrades Nabors (NBR) to Buy; Management Change and Attractive Valuation
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Price: $80.13 --0%
Rating Summary:
11 Buy, 17 Hold, 10 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 3 | New: 2
Rating Summary:
11 Buy, 17 Hold, 10 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 3 | New: 2
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Dahlman Rose upgraded Nabors (NYSE: NBR) to Buy with a price target of $30.00.
Dahlman analyst says, "We believe Nabors is attractively valued and believe the management change announced Friday will bring positive operating changes, and it could lead over time to divestitures of non-core segments leading to a more focused company."
For more ratings news on Nabors click here and for the rating history of Nabors click here.
Shares of Nabors closed at $19.05 yesterday.
Dahlman analyst says, "We believe Nabors is attractively valued and believe the management change announced Friday will bring positive operating changes, and it could lead over time to divestitures of non-core segments leading to a more focused company."
For more ratings news on Nabors click here and for the rating history of Nabors click here.
Shares of Nabors closed at $19.05 yesterday.
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