The Latest Analyst Ratings for NOV
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 7 analysts have published their opinion on NOV (NYSE:NOV) stock. The analysts have an average price target of $21.14 versus the current price of NOV at $17.855, implying upside. This current average represents a 9.39% decrease from the previous average price target of $23.33.
July 14, 2023 | 3:01 pm
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POSITIVE IMPACT
Analysts have a bullish outlook on NOV with an average price target of $21.14, which is higher than the current price of $17.855. However, this target is a 9.39% decrease from the previous target of $23.33.
The bullish outlook from analysts suggests that they believe the stock price will increase in the future. However, the decrease in the average price target could indicate a less optimistic view compared to previous predictions. This could potentially impact the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100