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Fly News Breaks for September 10, 2018
NOV
Sep 10, 2018 | 16:38 EDT
Stifel analyst Stephen Gengaro initiated National Oilwell with a Buy rating and a price target of $54. The analyst cites the company's "diverse product lines coupled with efforts to streamline operations and improve manufacturing efficiency" that should yield "solid multi-year revenue growth and strong incremental margins over the next several years".