Wells Fargo Maintains Equal-Weight on NOV, Raises Price Target to $20
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on NOV (NYSE:NOV) and raised the price target from $18 to $20.
July 28, 2023 | 3:47 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on NOV and raised the price target from $18 to $20.
The raised price target by Wells Fargo indicates a positive outlook for NOV. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100