Susquehanna Maintains Neutral on Nabors Industries, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Neutral rating on Nabors Industries (NBR) and lowers the price target from $88 to $79.

April 26, 2024 | 2:07 pm
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NEGATIVE IMPACT
Susquehanna maintains a Neutral rating on Nabors Industries and lowers the price target from $88 to $79.
The reduction in the price target by Susquehanna reflects a negative outlook on the stock's short-term price potential. Although the rating remains Neutral, the decrease in the price target could lead to a negative perception among investors, potentially impacting the stock's price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100