HSBC Initiates Coverage on Schlumberger (SLB) with a Neutral

May 28, 2009 2:42 PM EDT

HSBC initiates coverage on Schlumberger (NYSE: SLB) with a Neutral. Price target $62.

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Schlumberger Limited (Schlumberger) is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry.


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