UPDATE: BofA Securities Upgrades NOV Inc. (NOV) to Buy

Go back to UPDATE: BofA Securities Upgrades NOV Inc. (NOV) to Buy

NOV Inc (NOV) to Benefit from Easing Supply Chains - BofA

September 30, 2022 3:13 PM EDT

BofA analyst Chase Mulvehill upgraded shares of NOV Inc (NYSE: NOV) to Buy from Neutral, maintaining a $19 per share price target.

The analyst declared that 2023 could be the trickle-down year for the company.

"Since recent June highs, NOV is down 29%, which... More