Schlumberger (SLB) PT Raised to $51 at Wolfe Research
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Price: $53.77 +3.28%
Rating Summary:
49 Buy, 7 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
49 Buy, 7 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Wolfe Research analyst Sam Margolin raised the price target on Schlumberger (NYSE: SLB) to $51.00 (from $46.00) while maintaining an Outperform rating following results.
The analyst commented, "SLB's 3Q22 pulled forward significant international revenue and margin momentum expected over the next 18 months. The 11/3 analyst day should have materially more color on momentum into 2023, but Mid-East drives a broadly constructive outlook."
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