Citi analyst Scott Gruber raised the firm’s price target on SLB (SLB) to $47 from $46 and keeps a Buy rating on the shares post the Q3 report. The firm sees improving earnings for SLB due to its deepwater contracting, turnaround in Saudi activity, and digital growth.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLB: