Stifel Maintains Buy on Schlumberger, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro has maintained a Buy rating on Schlumberger (NYSE:SLB) and increased the price target from $63 to $64.
January 22, 2024 | 8:27 pm
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Stifel analyst Stephen Gengaro has reaffirmed a Buy rating on Schlumberger and raised the price target to $64, indicating a positive outlook on the stock.
The increase in price target by Stifel suggests a positive sentiment towards Schlumberger's future performance. As price targets can influence investor expectations and stock prices, this adjustment is likely to have a favorable impact on SLB's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100