SCF Acquires Newpark Fluids Systems
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B.Riley Reiterates Buy Rating on Newpark Resources (NR)
September 17, 2024 5:46 AM EDTB.Riley analyst Alex Rygiel reiterated a Buy rating and $11.00 price target on Newpark Resources (NYSE: NR)
The analyst comments "On September 13, 2024, after the close, Newpark Resources, Inc. (NRBuy, $11 PT) announced the sale of its Fluids Systems Segment to private equity firm SCF Partners, Inc. We estimate the sales price,... More
