Susquehanna Reiterates Neutral on Nabors Industries, Maintains $88 Price Target
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has reiterated a Neutral rating on Nabors Industries (NYSE:NBR) and maintained an $88 price target.

February 13, 2024 | 4:43 pm
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NEUTRAL IMPACT
Susquehanna maintains a Neutral rating and an $88 price target on Nabors Industries.
The reiteration of a Neutral rating and maintenance of the price target by a significant analyst like Susquehanna suggests stability in the company's outlook. However, as this is a reiteration rather than an upgrade or downgrade, the immediate impact on the stock price may be limited, reflecting a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100