Notable Downgrades: Nabors (NBR), Tuniu Corp (TOUR), Patterson-UTI Energy (PTEN), Abercrombie & Fitch (ANF), First Solar (FSLR)

Analysts at Credit Agricole downgraded Nabors Industries Ltd. (NBR) from ‘Outperform‘ to ‘Underperform‘ in a research report issued to clients on Tuesday. On valuation measures, Nabors Industries has a t-12-month revenue of $6.63 billion. NBR’s ROE for the same period is (10.79%). Shares of the $4.24 billion market cap company are down 38.76% year-over-year ; […] View the full post at: Notable Downgrades: Nabors (NBR), Tuniu Corp (TOUR), Patterson-UTI Energy (PTEN), Abercrombie & Fitch (ANF), First Solar (FSLR) Related posts: Apache Corp. in final talks to buy Energy Corp’s shallow Gulf assets Fitch Downgrades Portugal on Budget Concerns Top Pre-Market Stock Upgrades/Downgrades April 8, 2010