Iberia Capital downgraded National-Oilwell Varco (NYSE: NOV) from Outperform to Sector Perform with a price target of $88.00.

For an analyst ratings summary and ratings history on National-Oilwell Varco click here. For more ratings news on National-Oilwell Varco click here.

Shares of National-Oilwell Varco closed at $83.41 yesterday.