Barclays raised the firm’s price target on NOV Inc. (NOV) to $14 from $11 and keeps an Underweight rating on the shares. The firm says the company’s equipment segment led the way this quarter on higher backlog conversion and an “impressive” order book.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOV: