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This oil stock is a Best Idea at TD Cowen

December 12, 2025 11:00 AM EST

TD Cowen has named its top oilfield services pick for 2026, arguing that a bottoming earnings cycle, stabilizing global activity and an appealing valuation position the company for outsized gains next year.

SLB (NYSE: SLB) is the name in question, with the firm assigning the stock a $57 price target.

In its Best Ideas 2026 note,... More