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Fly News Breaks for May 24, 2018
SLB
May 24, 2018 | 07:22 EDT
Wells Fargo analyst Judson Bailey raised his price target for Schlumberger to $82 from $76 as he believes firming oil fundamentals raise the prospects for a multi-year recovery in offshore spending beginning in 2019. The analyst reiterates an Outperform rating on the shares.