Cowen Upgrades Nabors Industries To Market Outperform

Analysts at Cowen & Company upgraded Nabors Industries NBR from Market Perform to Outperform. The price target for Nabors Industries has been lowered from $31 to $25. Nabors Industries shares have dropped 1.52% over the past 52 weeks, while the S&P 500 index has gained 6.78% in the same period. Nabors Industries' shares rose 2.10% to close at $17.53 yesterday.