Iberia Capital Downgrades National-Oilwell Varco (NOV) to Sector Perform

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Go back to Iberia Capital Downgrades National-Oilwell Varco (NOV) to Sector Perform

Jefferies Downgrades National-Oilwell Varco (NOV) to Hold

July 30, 2014 6:52 AM EDT

Jefferies downgraded National-Oilwell Varco (NYSE: NOV) from Buy to Hold with a price target of $91.00 (from $95.00).

Analyst Brad Handler comments, :The timing of our Downgrade to Hold is incidental - earnings didnt disappoint and prospects didn't worsen. But for the positives related to recognizing... More

National Oilwell Varco (NOV) Tops Q2 EPS by 17c

July 29, 2014 7:10 AM EDT

National Oilwell Varco (NYSE: NOV) reported Q2 EPS of $1.61, ex-items, $0.17 better than the analyst estimate of $1.44. Revenue for the quarter came in at $5.26 billion versus the consensus estimate of $5.51 billion.

Clay Williams, Chairman, President and CEO of National Oilwell Varco, stated, The... More