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SLB price target raised to $50 from $43 at Morgan Stanley

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.

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