Citi and Goldman Sachs Update Ratings on NOV Inc.

Analyst
โดย Insider Monkey·Read original
Summary · why it matters

Citi raised its price target on NOV Inc. to $22 from $20 while maintaining a Neutral rating, citing expectations for an oilfield services sector improvement in 2027 as the active deepwater rig count returns to its previous peak of 135 in 2028. Goldman Sachs cut its price target to $19 from $20 and reiterated a Sell rating, citing caution in the current market environment and incremental costs from Middle East disruptions that are expected to impact fiscal second-quarter results.

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Energy · 1 stocks
NOV Inc.
NOV
± MixedCapitalrelevance

Citi raised price target to $22 (positive) but Goldman cut to $19 with Sell rating (negative), creating mixed analyst views.