NOV cut to Neutral at J.P. Morgan on macro and tariff headwinds

20 hours ago 1
Jackup Offshore Oil Rig

shaunl/E+ via Getty Images

NOV (NYSE:NOV) -0.5% in Wednesday's trading, as J.P. Morgan downgraded the oilfield equipment provider to Neutral from Overweight with a $15 price target, cut from $17, which the bank said does not reflect concerns around the company's execution

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