NOV Inc. price target raised to $19 from $18 at Raymond James

Raymond James analyst James Rollyson raised the firm’s price target on NOV Inc. (NOV) to $19 from $18 and keeps an Outperform rating on the shares. NOV reported an across the board beat, ending the year in a solid position with a strong free cash flow performance, the analyst tells investors in a research note. Similar to others, the 2025 top line outlook is flattish, and Raymond James says NOV remains in the “prove it” stage of its new capital return program.