Raymond James Maintains Outperform on SLB, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst James Rollyson has maintained an 'Outperform' rating on Schlumberger Limited (NYSE:SLB) and raised the price target from $67 to $68.
October 17, 2023 | 12:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Raymond James has maintained an 'Outperform' rating on Schlumberger Limited and raised the price target, indicating a positive outlook for the company.
The 'Outperform' rating maintained by Raymond James indicates that they expect Schlumberger Limited to perform better than the market average. The increase in price target from $67 to $68 suggests that they believe the stock has potential for further growth. This could lead to an increase in investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100