National Oilwell Varco (NOV) Misses Q2 EPS by 11c

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National-Oilwell Varco (NOV) PT Raised to $16 at Cowen

July 29, 2020 6:39 AM EDT

Cowen analyst Marc Bianchi raised the price target on National-Oilwell Varco (NYSE: NOV) to $16.00 (from $15.00) while maintaining an Outperform rating.

The analyst commented, "NOV u/p the OIH by 750bps as 3Q guidance fell short of bullish expectations and management commentary... More