Susquehanna Maintains Positive on Schlumberger, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Positive rating on Schlumberger (NYSE:SLB) but lowers the price target from $60 to $56.
October 21, 2024 | 1:05 pm
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Susquehanna's analyst Charles Minervino maintains a Positive rating on Schlumberger but reduces the price target from $60 to $56, indicating a slightly less optimistic outlook.
The maintenance of a Positive rating suggests continued confidence in Schlumberger's performance, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100