RBC Capital Reiterates Sector Perform on NOV, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey has reiterated a Sector Perform rating on NOV (NYSE:NOV) and maintained a price target of $24.
July 29, 2024 | 3:13 pm
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NEUTRAL IMPACT
RBC Capital has reiterated a Sector Perform rating on NOV and maintained a price target of $24. This suggests that the analyst expects the stock to perform in line with the sector.
The reiteration of a Sector Perform rating and maintenance of the $24 price target indicates that RBC Capital does not foresee significant short-term changes in NOV's stock price. This neutral stance suggests that the stock is expected to perform in line with the sector, without any major catalysts for upward or downward movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100