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May 16 National Oilwell Varco (NOV -1.4%) is upgraded to Buy from Hold with an $80 target price at Standpoint Research, which believes shares closely correlate to crude oil prices over the long term and are poised to move up when oil prices rise in 2013-14. The firm considers NOV one of the best performing names in the equipment and services sector, ahead of SLB, WFT and MDR.
4 Comments[Energy, Quick Ideas]
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at MarketWatch.com (May 11, 2012)
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at CNBC.com (May 11, 2012)
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at MarketWatch.com (May 11, 2012)
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at CNBC.com (May 10, 2012)
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at MarketWatch.com (May 10, 2012)
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Company Description
McDermott International, Inc. is a leading global engineering and construction company with specialty manufacturing and service capabilities. We provide a variety of products and services to customers in the energy and power industries, including utilities and other power generators, major and... More