Market Overview

UPDATE: Dahlman Rose Downgrades Newpark Resources to Hold on Valuation

Related NR
Morning Market Movers
Newpark Resources Announces Board Of Directors Changes

In a report published Monday, Dahlman Rose downgraded its rating on Newpark Resources (NYSE: NR) from Buy to Hold.

Dahlman Rose noted, “We are downgrading Newpark Resources to Hold from Buy. NR has appreciated 21% since our North American Upgrade report published November 19, 2012, and the stock is currently trading within 14% of our fair value estimate. Our fair value estimate is $10 per share.”

Newpark Resources closed on Friday at $8.75.

Latest Ratings for NR

Sep 2014Credit SuisseInitiates Coverage onOutperform
Mar 2014First AnalysisUpgradesEqualweightOverweight
Feb 2014Capital One FinancialDowngradesOverweightEqual-weight

View More Analyst Ratings for NR
View the Latest Analyst Ratings

Posted-In: Dahlman RoseAnalyst Color Downgrades Analyst Ratings


Related Articles (NR)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters