SLB price target raised to $48 from $45 at BofA

BofA raised the firm’s price target on SLB (SLB) to $48 from $45 and keeps a Buy rating on the shares. SLB on its Q4 call on Friday guided its “core” revenue to be “steady” year-over-year in 2025, notes the analyst, who raised the firm’s 2025 and 2026 EBITDA estimates by 2% and 1%, respectively, following the earnings report.

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