Piper Sandler Maintains Overweight Rating for SLB: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Piper Sandler has maintained its Overweight rating for SLB (NYSE:SLB) and increased its price target from $64.00 to $77.00. SLB, formerly known as Schlumberger, is the world's largest oilfield service firm. The new price target represents a 26.5% increase from the current share price.
September 11, 2023 | 5:00 pm
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Piper Sandler has maintained its Overweight rating for SLB and raised its price target, indicating a positive outlook for the stock.
The decision by Piper Sandler to maintain an Overweight rating and raise the price target for SLB indicates a positive outlook for the stock. This could potentially lead to an increase in the stock's price in the short term.
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