Sterne Agee Maintains Schlumberger, National Oilwell Varco Buys, PTs

Sterne Agee maintained its Schlumberger

and National Oilwell Varco

Buy ratings and price targets of $93 and $89 respectively, in a research report published today. In the report, Sterne Agee stated, "While terms of the all cash deal were not disclosed, we view this as a modest plus for SLB. We await more details but this appears about neutral for NOV."