Schlumberger Ltd. (SLB) Tops Q3 EPS by 8c, Revenues Beat

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Schlumberger (SLB) PT Raised to $51 at Wolfe Research

October 21, 2022 1:32 PM EDT

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... More