TD Cowen Maintains Buy on Schlumberger, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Marc Bianchi maintains a Buy rating on Schlumberger (NYSE:SLB) but lowers the price target from $68 to $65.
October 21, 2024 | 5:00 pm
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TD Cowen analyst Marc Bianchi maintains a Buy rating on Schlumberger but lowers the price target from $68 to $65, indicating a slightly less optimistic outlook.
The Buy rating suggests continued confidence in Schlumberger's performance, but the lowered price target indicates a slightly tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100