Citigroup Maintains Buy on NOV, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Buy rating on NOV (NYSE:NOV) and raises the price target from $21 to $26.
August 04, 2023 | 9:09 am
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POSITIVE IMPACT
Citigroup maintains a Buy rating on NOV and raises the price target from $21 to $26, which could lead to a positive market reaction.
The raised price target by Citigroup indicates a positive outlook for NOV. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100