Schlumberger Ltd. (SLB) Reports In-Line Q4 EPS, Revenues Beat
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Schlumberger (SLB) PT Lowered to $58 at RBC Capital; 'Bad News is Now Good News'
January 18, 2019 1:29 PM ESTRBC Capital analyst Kurt Hallead lowered the price target on Schlumberger (NYSE: SLB) to $58.00 (from $63.00) while maintaining a Outperform rating.
Hallead said "bad news is now good news." They believe SLB is fundamentally well positioned to outperform headed into 2019.
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