Morgan Stanley raised the firm’s price target on SLB (SLB) to $50 from $43 and keeps an Overweight rating on the shares. Heading into Q4 results, the firm’s forecasts are roughly in-line with consensus for its energy services and equipment coverage overall on Q4 and 2026 EBITDA estimates, the analyst tells investors in a preview for the group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLB: