TD Cowen Maintains Buy on NOV, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Marc Bianchi maintains a Buy rating on NOV but lowers the price target from $28 to $22.
October 28, 2024 | 4:09 pm
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NEUTRAL IMPACT
TD Cowen analyst Marc Bianchi maintains a Buy rating on NOV but lowers the price target from $28 to $22, indicating a more cautious outlook.
The Buy rating suggests continued confidence in NOV's potential, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100