Notable Downgrades: Nabors Industries (NBR), FMC Technologies (FTI), Basic Energy Services (BAS)

Analysts at Raymond James downgraded Nabors Industries Ltd. (NBR) from ‘Strong Buy‘ to ‘Outperform‘ in a research report issued to clients on Monday. The t-12-month revenue at Nabors Industries Ltd. is $6.80 billion. NBR ‘s ROE for the same period is (12.2%). Shares of the $4.30 billion market cap company are down 38.26% year-over-year ; […] View the full post at: Notable Downgrades: Nabors Industries (NBR), FMC Technologies (FTI), Basic Energy Services (BAS) Related posts: Apache Corp. in final talks to buy Energy Corp’s shallow Gulf assets JPMorgan Draws Up Contingency Plans to Sell Highbridge Capital