Morgan Stanley Reiterates Equal-Weight on Nabors Industries, Maintains $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Daniel Kutz has reiterated an Equal-Weight rating on Nabors Industries (NYSE:NBR) and maintained a price target of $160.

July 31, 2023 | 1:50 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley has reiterated an Equal-Weight rating on Nabors Industries and maintained a price target of $160.
The news is directly about Nabors Industries and its rating by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector. The maintained price target indicates that the analyst's valuation of the company has not changed. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100