Evercore ISI Group Maintains In-Line on Nabors Industries, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for Nabors Industries while lowering its price target from $94 to $85.
October 24, 2024 | 3:09 pm
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Evercore ISI Group has maintained an 'In-Line' rating for Nabors Industries but has lowered the price target from $94 to $85, indicating a more cautious outlook.
The lowering of the price target from $94 to $85 by Evercore ISI Group suggests a more cautious outlook on Nabors Industries' stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100