Susquehanna Maintains Neutral on Nabors Industries, Lowers Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Neutral rating on Nabors Industries (NYSE:NBR) and lowers the price target from $110 to $91.
June 02, 2023 | 12:16 pm
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NEUTRAL IMPACT
Susquehanna analyst maintains Neutral rating on Nabors Industries (NYSE:NBR) and reduces price target from $110 to $91.
The news directly mentions Nabors Industries (NYSE:NBR) and the lowered price target by Susquehanna analyst Charles Minervino. The Neutral rating is maintained, indicating no significant change in the stock's outlook. However, the reduced price target may cause some investors to reevaluate their positions, but the overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100