SLB price target lowered to $67 from $70 at Barclays

Barclays lowered the firm’s price target on SLB to $67 from $70 and keeps an Overweight rating on the shares. SLB’s narrative “has quickly corrected course, while some cracks are starting to show” in the Halliburton story, the analyst tells investors in a research note. The firm says a weaker than expected North America outlook and “noncommittal 2025 will reverberate through the group.”