B of A Securities Maintains Buy on NOV, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Saurabh Pant maintains a Buy rating on NOV but lowers the price target from $22 to $20.
October 14, 2024 | 5:37 pm
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NEUTRAL IMPACT
B of A Securities has maintained its Buy rating on NOV but has lowered the price target from $22 to $20, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in NOV's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100