BMO Capital Downgrades Nabors Industries To Market Perform

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.