JP Morgan Upgrades NOV to Overweight, Announces $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram has upgraded NOV Inc. (NYSE:NOV) from Neutral to Overweight and set a price target of $25.
December 08, 2023 | 11:40 am
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POSITIVE IMPACT
NOV Inc. was upgraded by JP Morgan from Neutral to Overweight with a new price target of $25.
Upgrades by major analysts like JP Morgan can lead to increased investor confidence and potential stock price appreciation. The new price target of $25 suggests a positive outlook for NOV's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100