Core Laboratories price target lowered to $12 from $13 at Stifel

Stifel lowered the firm’s price target on Core Laboratories (CLB) to $12 from $13 and keeps a Hold rating on the shares. Oil service stocks have underperformed the S&P 500 in 2025, and catalysts have been largely negative, the analyst tells investors in a research note. Entering Q2 earnings season, the firm believes shares will be range bound until estimates stop falling.