Barclays Maintains Overweight on Schlumberger, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson maintains an Overweight rating on Schlumberger (NYSE:SLB) but lowers the price target from $70 to $67.
July 23, 2024 | 12:11 pm
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NEUTRAL IMPACT
Barclays analyst David Anderson maintains an Overweight rating on Schlumberger but lowers the price target from $70 to $67.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on SLB's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100