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Fly News Breaks for November 21, 2016
NBR
Nov 21, 2016 | 09:30 EDT
Goldman analyst Waqar Syed added Nabors to the Conviction Buy List and raised its price target to $18 from $16.50 following an increase in 1H 2017 WTI forecast to $55/bbl. The firm said Nabors offers cyclical upside from increased activity, earnings power, and attractive valuation.
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