UPDATE: Goldman Sachs Downgrades Nabors Following Removal from Conviction List
July 10, 2013 at 11:07 AM EDT
In a report published Wednesday, Goldman Sachs analyst Waqar Syed downgraded the rating on Nabors (NYSE: NBR ) from Conviction List-Buy to Buy, and lowered the price target from $22.00 to $19.50. In the report, Goldman Sachs noted, “We remove Nabors from the Conviction List but maintain Buy. The company issued