BofA analyst Saurabh Pant raised the firm’s price target on SLB (SLB) to $60 from $56 and keeps a Buy rating on the shares. The firm, which is updating its oilfield services models for Q1 earnings and 10-Q reports, notes that its forecasts for 2027 and 2028 EBITDA are 10% and 16% above consensus, respectively, on average.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLB:
- Schlumberger Issues $2 Billion in New Senior Notes
- SLB price target raised to $71 from $56.10 at Bernstein
- T Mobile, United, Western Digital, Schlumberger, Texas Instruments Insider Shock
- SLB price target raised to $66 from $51 at Barclays
- AGNC, Lam, Abbott, BlackRock, Schlumberger: Insider Shockwave
