B of A Securities Maintains Buy on Schlumberger, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Chase Mulvehill maintains a Buy rating on Schlumberger (NYSE:SLB) and raises the price target from $62 to $63.
April 15, 2024 | 5:32 pm
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on Schlumberger and raises the price target to $63.
The upgrade in price target by B of A Securities reflects a positive outlook on Schlumberger's stock, suggesting confidence in the company's future performance. This analyst endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100