Piper Sandler lowered the firm’s price target on NOV Inc. to $22 from $25 and keeps a Neutral rating on the shares. The firm notes that with crude now at a healthier level along with NA est stability, some NA OFS stocks have rebounded. However, large cap OFS stocks are generally still lagging from the Aramco cut, Piper adds.
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Read More on NOV:
- NOV Inc. price target lowered to $23 from $25 at Seaport Research
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