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HSBC Upgrades Schlumberger To Overweight

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Analysts at HSBC upgraded Schlumberger NV (NYSE: SLB) from “neutral” to “overweight.”

The target price for Schlumberger has been raised from $105 to $135.

Schlumberger shares have surged 52.53% over the past 52 weeks, while the S&P 500 index has gained 18.85% in the same period.

Schlumberger's shares fell 0.58% to close at $116.75 yesterday.

Posted-In: HSBCUpgrades Analyst Ratings


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