SLB price target raised to $54 from $51 at RBC Capital

RBC Capital analyst Keith Mackey raised the firm’s price target on SLB (SLB) to 54from54 from 51 and keeps an Outperform rating on the shares. The company delivered Q4 results slightly ahead of the Street expectations and guidance for 2026 was in-line with consensus but slightly weighted toward the second half as SLB sees modest upstream improvement driven by Latin America and Middle East/Asia, the analyst tells investors in a research note. RBC adds that it continues to see solid long-term value in SLB at thes ...

SLB price target raised to $54 from $51 at RBC Capital - Reportify