Susquehanna analyst Charles Minervino raised the firm’s price target on SLB to $77 from $72 and keeps a Positive rating on the shares. The firm updated its model following its 4Q23 results where the company delivered stronger than expected results in 4Q, driven by robust international demand, while North America netted flat growth, as Gulf of Mexico activity offset softer land activity.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SLB:
- Schlumberger Limited Announces Operational and Financial Results
- Early notable gainers among liquid option names on January 19th
- Schlumberger (NYSE:SLB) Posts Q4 Beat; Boosts Dividend by 10%
- Options Volatility and Implied Earnings Moves Today, January 19, 2024
- SLB plans to increase share repurchases in 2024
