Nabors (NBR +5.9%) is upgraded to Outperform at BMO Capital with a target price raised to $29...

|About: Nabors Industries Ltd. (NBR)|By:, SA News Editor

Nabors (NBR +5.9%) is upgraded to Outperform at BMO Capital with a target price raised to $29 from $24, as the oil service firm is called "one of the best value/corporate makeover stories in the group [whose] turnaround is about to accelerate." In a risk-on day, energy stocks (XLE +2.2%) are higher across the board. Nymex crude +1.2% to $102.19.