Now (DNOW) Reiterated at Buy by Stifel Post Investor Meets with CFO, IR

Stifel analyst Adam Farley reiterated a Buy rating and $19.00 price target on Now Inc (NYSE: DNOW).

The analyst commented, "We maintain our Buy rating on DNOW shares with a $19 target price. We were fortunate to host CFO Mark Johnson and Investor Relations Brad Wise for investor meetings in Canada this week. We come away from meetings with a renewed appreciation of the long term opportunities for DNOW to drive accretive growth and realize the value generation benefits of the MRC acquisition. We believe there are multiple sector growth drivers, combined with self help actions, that should drive enhanced profitability in the business for years to come."

For an analyst ratings summary and ratings history on Now Inc click here. For more ratings news on Now Inc click here.

Shares of Now Inc closed at $16.28 yesterday.

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