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NOV Inc. price target raised to $13 from $12 at Barclays

Barclays raised the firm’s price target on NOV Inc. (NOV) to $13 from $12 and keeps an Underweight rating on the shares. The company posted some improvement in equipment orders as services spending remains subdued and demand for consumables slow with another year of flat global upstream spending, the analyst tells investors in a research note.

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