KeyBanc Downgrades National-Oilwell Varco (NOV) to Sector Weight

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Go back to KeyBanc Downgrades National-Oilwell Varco (NOV) to Sector Weight

KLR Cuts National-Oilwell Varco (NOV) Estimates After Contract Cancellations

January 6, 2016 7:11 AM EST

KLR Group analyst, Darren Gacicia, reduced his estimates on National-Oilwell Varco (NYSE: NOV) below consensus driven by top line deceleration in the Rig Equipment business and an expectation for lower margins in the segment. However he leaves his target price unchanged... More