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Schlumberger (SLB) PT Lowered to $75 at Jefferies; Reiterates Buy

October 23, 2017 8:05 AM EDT

Jefferies lowered its price target on Schlumberger (NYSE: SLB) to $75.00 (from $80.00) while maintaining a Buy rating following the company's efforts to put SPM and comparable investments into context and its arguments that SPM adds different but not necessarily more risk have merit.

Analyst Brad Handler... More