Piper Sandler Remains a Hold on NOV (NOV)
In a report released today, Derek Podhaizer from Piper Sandler maintained a Hold rating on NOV, with a price target of $14.00. The company’s shares closed yesterday at $13.95.
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Podhaizer covers the Energy sector, focusing on stocks such as Precision Drilling, Baker Hughes Company, and Patterson-UTI. According to TipRanks, Podhaizer has an average return of 6.6% and a 56.60% success rate on recommended stocks.
Currently, the analyst consensus on NOV is a Moderate Buy with an average price target of $15.40.
NOV market cap is currently $5.14B and has a P/E ratio of 11.37.
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