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Stock impact report

Innovex International (INVX) Price Target Increased by $7, ‘Overweight' Rating Maintained [Yahoo! Finance]

Innovex International, Inc. (INVX) 
Company Research Source: Yahoo! Finance
Established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, Innovex International, Inc. (NYSE:INVX) designs and manufactures offshore drilling and production equipment. Innovex International, Inc. (NYSE:INVX) received a boost on December 18 when Piper Sandler raised its price target on the stock from $20 to $27, while maintaining its ‘Overweight' rating on the shares. The revised target indicates an upside potential of more than 22% relative to the current share price. The analyst acknowledges that while the energy industry had a challenging year in 2025, it exhibited tenacity and found new growth avenues. While Piper Sandler remains selective in 2026, it expects various tailwinds to begin to mount, including Saudi Arabia/Mexico returning to work and a bottoming land market in the US. Meanwhile, the analyst expects a recovery in the offshore sector in 2027. While Innovex International, Inc. (NYSE:INVX) has reported mixed results so far this year, the c Show less Read more
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