Sterne Agee maintained its Schlumberger SLB and National Oilwell Varco NOV 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."
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