Susquehanna Maintains Neutral on Nabors Industries, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has maintained a Neutral rating on Nabors Industries (NYSE:NBR) while lowering the price target from $79 to $77.
October 24, 2024 | 3:37 pm
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Susquehanna has maintained a Neutral rating on Nabors Industries and lowered the price target from $79 to $77, indicating a slightly less optimistic outlook.
The lowering of the price target from $79 to $77 by Susquehanna suggests a slightly less optimistic view on Nabors Industries' stock performance. This could lead to a minor negative impact on the stock price in the short term as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100