NOV Stock: A Deep Dive Into Analyst Perspectives (3 Ratings)
Portfolio Pulse from Benzinga Insights
In the past three months, three analysts have provided ratings for NOV (NYSE:NOV), ranging from bullish to bearish. The average 12-month price target has decreased by 5.7% to $22.0. Analysts have recently adjusted their ratings and price targets, reflecting evolving market conditions and company performance. NOV has shown strong revenue growth but faces challenges in profitability and financial returns.
July 29, 2024 | 4:00 pm
News sentiment analysis
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Analysts have mixed ratings for NOV, with the average 12-month price target decreasing by 5.7% to $22.0. The company has shown strong revenue growth but faces challenges in profitability and financial returns.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on NOV's stock price. While the company has shown strong revenue growth, challenges in profitability and financial returns may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100