National Oilwell Varco (NOV) Tops Q4 EPS by 14c
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February 8, 2017 9:07 AM EST
Simmons & Company analyst Bill Herbert reiterates Neutral rating and raises price target on National Oilwell Varco (NYSE: NOV) to $36 (from $25) suggesting the company outlook is improving, though the shares are fairly valued.
Herbert notes, "Good call propelled by better-than-expected Rig Aftermarket and inflecting... More
February 8, 2017 8:01 AM EST
Jefferies raised its price target on National-Oilwell Varco (NYSE: NOV) to $36.00 (from $31.00) while maintaining a Hold rating.
Analyst Brad Handler commented, "Our NOV outlook remains anchored in our global activity framework and we leave our estimates largely unchanged following results/guidance. We... More
February 7, 2017 6:49 AM EST
Nomura Instinet analyst Matthew Johnston reiterates Neutral rating and $35 price target on National Oilwell Varco (NYSE: NOV), noting positive operating margin expansion coupled with a disappoint in new orders.
Johnston comments, Bulls will be encouraged by margins (+300 bps ahead of consensus), commentary on... More
