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Fly News Breaks for January 25, 2016
SLB
Jan 25, 2016 | 07:40 EDT
UBS said the weakness in Schlumberger is an attractive buying opportunity for long-term investors who wait patiently for an industry recovery. The company offers the least relative cyclicality in the sector, an attractive yield, and an $11B stock buyback program. UBS reiterated its Buy rating and $87 price target on Schlumberger shares.
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