BMO Capital Downgrades Nabors Industries To Market Perform

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Analysts at BMO Capital downgraded
Nabors Industries Ltd.NBR
from Outperform to Market Perform. The price target for Nabors Industries is set to $18. Nabors Industries shares have dropped 37.47 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period. Nabors Industries' shares rose 1.63 percent to close at $16.22 yesterday.
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Posted In: DowngradesAnalyst RatingsBMO CapitalEnergyOil & Gas Drilling
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