Schlumberger (SLB) Tops Q3 EPS by 1c, Revenue Misses Consensus

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Go back to Schlumberger (SLB) Tops Q3 EPS by 1c, Revenue Misses Consensus

Schlumberger (SLB) PT Raised to $40 at Cowen

October 25, 2021 6:26 AM EDT

Cowen analyst Marc Bianchi raised the price target on Schlumberger (NYSE: SLB) to $40.00 (from $37.00) while maintaining an Outperform rating.

The analyst commented, "~200-300bps u/p vs peers likely due to in-line 4Q guide with just flattish margins (arguably conservative). '22... More