BofA Securities Upgrades NOV Inc. (NOV) to Neutral

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NOV Inc. (NOV) PT Lowered to $23 at Cowen

July 29, 2022 7:33 AM EDT

Cowen analyst Marc Bianchi lowered the price target on NOV Inc. (NYSE: NOV) to $23.00 (from $25.00) while maintaining an Outperform rating.

The analyst commented, "NOV outperformed the OIH by ~8% after an EBITDA beat and 2H guide ~20% above consensus. We view NOV guiding 2... More