Stifel Maintains Buy on NOV, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on NOV but lowers the price target from $26 to $25.
October 11, 2024 | 2:36 pm
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NEUTRAL IMPACT
Stifel analyst Stephen Gengaro maintains a Buy rating on NOV but lowers the price target from $26 to $25.
The analyst's decision to maintain a Buy rating suggests continued confidence in NOV's potential, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on NOV's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100