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Stock impact report

SLB Upgraded to Outperform, Price Target Raised to $54 [Yahoo! Finance]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
SLB N.V. (NYSE:SLB) engages in the provision of technology for the energy industry worldwide. SLB N.V. (NYSE:SLB) received a lift on January 6 when Evercore ISI upgraded the stock from ‘In Line' to ‘Outperform', while also increasing its price target from $38 to $54. The upgrade comes as the analyst believes that SLB's outlook is clearer than it has been in over two years. Evercore also highlighted SLB's $8 billion acquisition of ChampionX last year, in addition to its reduced exposure to APS through the Palliser exit, which the analyst thinks has repositioned the company towards the well head and production and reduced its overall risk profile. As a result, Evercore raised its 2026 and 2027 EPS estimates for SLB N.V. (NYSE:SLB) to $3.00 and $3.40 from $2.97 and $3.30, respectively. SLB N.V. (NYSE:SLB) has surged by almost 18% since the beginning of 2026, as investors believe that the company could seriously benefit from the United States gaining access to Venezuela's massive o Show less Read more
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