NOV Inc. price target raised to $20 from $19 at BMO Capital

BMO Capital raised the firm’s price target on NOV Inc. (NOV) to $20 from $19 and keeps a Market Perform rating on the shares. The company’s Q4 results were positive, though 2026 revisions were mixed with revenues slightly higher, EBITDA little changed, and EPS reduced on higher taxes, while its free cash flow outlook is trimmed on lower conversion, the analyst tells investors in a research note.