Goldman Sachs Starts Nabors (NBR) at Neutral
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Price: $74.35 -7.21%
Rating Summary:
11 Buy, 17 Hold, 10 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
11 Buy, 17 Hold, 10 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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Goldman Sachs initiates coverage on Nabors (NYSE: NBR) with a Neutral. PT $25.00.
The firm notes the company is in transition following the recent departure of its CEO of 24 years.
On a sum-of-the-parts, NBR looks very attractively priced, Goldman notes. However, they rate shares Neutral as they await he new management's plans for improving the financial and operating performance of the company.
For an analyst ratings summary and ratings history on Nabors click here. For more ratings news on Nabors click here.
Shares of Nabors closed at $18.18 yesterday.
The firm notes the company is in transition following the recent departure of its CEO of 24 years.
On a sum-of-the-parts, NBR looks very attractively priced, Goldman notes. However, they rate shares Neutral as they await he new management's plans for improving the financial and operating performance of the company.
For an analyst ratings summary and ratings history on Nabors click here. For more ratings news on Nabors click here.
Shares of Nabors closed at $18.18 yesterday.
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