Goldman Sachs Maintains Sell on NOV, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a Sell rating on NOV (NYSE:NOV) and raises the price target from $16 to $18.
August 09, 2023 | 3:52 pm
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Goldman Sachs maintains a Sell rating on NOV and raises the price target from $16 to $18.
The news directly pertains to NOV as Goldman Sachs maintains a Sell rating on the company. This suggests that the analyst believes the stock's price will decrease in the short term. However, the price target has been raised from $16 to $18, indicating a potential upside in the longer term. This could create a mixed sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100