Morgan Stanley Maintains Overweight on Schlumberger, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh maintains an Overweight rating on Schlumberger (NYSE:SLB) with a $65 price target, indicating a positive outlook on the stock.
April 22, 2024 | 5:29 pm
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Morgan Stanley reaffirms an Overweight rating on Schlumberger with a $65 price target, suggesting confidence in the company's future performance.
The reaffirmation of an Overweight rating and a $65 price target by Morgan Stanley indicates a strong bullish sentiment towards Schlumberger. This analyst endorsement can positively influence investor perception and potentially drive the stock price up in the short term, reflecting the analyst's confidence in the company's prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100