Goldman Sachs Maintains Sell on NOV, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a Sell rating on NOV (NYSE:NOV) and lowers the price target from $17 to $16.
June 13, 2023 | 12:40 pm
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Goldman Sachs analyst Neil Mehta maintains a Sell rating on NOV and lowers the price target from $17 to $16.
Goldman Sachs' decision to maintain a Sell rating on NOV and lower the price target from $17 to $16 indicates a negative outlook for the stock. This is likely to have a short-term negative impact on NOV's stock price as investors may react to the lowered price target and the continued Sell rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100