Schlumberger (SLB) Stock: $49 Target And Outperform Rating

By Amit Chowdhry ● Aug 5, 2022
  • The shares of Schlumberger (SLB) recently received a $49 price target from Cowen. These are the details.

The shares of Schlumberger (SLB) recently received a $49 price target from Cowen. And Cowen analyst Marc Bianchi increased the price target on Schlumberger from $47 while maintaining an “Outperform” rating on the shares. 

Bianchi noted that the company’s guidance could be conservative and continues to see a multi-year up-cycle unfolding.