Barclays Maintains Overweight on SLB, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson maintains an Overweight rating on Schlumberger (NYSE:SLB) and raises the price target from $70 to $75.
October 18, 2023 | 12:53 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Schlumberger and raises the price target from $70 to $75, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for Schlumberger. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100