Information Provided By: 
Fly News Breaks for June 7, 2019
SLB
Jun 7, 2019 | 05:32 EDT
Stifel analyst Stephen Gengaro upgraded Schlumberger to Buy from Hold with an unchanged price target of $50. The company is generating "solid" free cash flow and the stock's risk/reward is "compelling" at current levels, Gengaro tells investors in a research note. Further, the company's $2.00 per share annual dividend is "safe" and investors are getting "paid to wait," adds the analyst. He believes Schlumberger is well positioned to benefit as activity rises outside North America.
News For SLB From the Last 2 Days
There are no results for your query SLB
