RBC Capital Reiterates Sector Perform on NOV, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey reiterated a 'Sector Perform' rating on NOV Inc. (NYSE:NOV) and maintained a $24 price target.
February 06, 2024 | 3:59 pm
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RBC Capital analyst Keith Mackey reiterated a 'Sector Perform' rating on NOV Inc. and maintained a $24 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the $24 price target by RBC Capital suggests a neutral outlook on NOV Inc.'s stock in the short term. This analysis is based on the assumption that the analyst's views are well-regarded and could influence market sentiment, but since there is no change in the rating or price target, the immediate impact on the stock price is likely to be minimal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100