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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