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Fly News Breaks for April 24, 2017
SLB
Apr 24, 2017 | 08:13 EDT
SunTrust analyst Ken Sill lowered his price target on Schlumberger as he says that its EPS guidance implies that the consensus Q2 EPS estimate is too high while the company's strategy of using its balance sheet to invest in customer projects could lower the stock's multiple. He keeps a Hold rating on the shares.