Bernstein analyst Guillaume Delaby raised the firm’s price target on SLB (SLB) to $52.30 from $47.60 and keeps an Outperform rating on the shares. The firm views the separation of the digital segment positively. While some investors may be starting to value this Digital segment separately, Bernstein essentially sees this move as a first step towards a larger, medium-term reshuffling of the company.
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