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Fly News Breaks for April 23, 2015
NBR
Apr 23, 2015 | 07:39 EDT
UBS believes Nabors Industries will emerge from the cyclical downturn stronger and more efficient following its Q1 report, which showed surprising strength in Drilling and Rig services. The firm noted management reacted quickly and proactively during the downturn. UBS reiterated its Buy rating and raised its price target to $19 from $18 on Nabors Industries shares.
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