UPDATE: Jefferies Raises PT on Schlumberger Following 2Q13 Earnings
July 22, 2013 at 11:16 AM EDT
In a report published Monday, Jefferies analyst Brad Handler reiterated a Buy rating on Schlumberger (NYSE: SLB ), and raised the price target from $86.00 to $97.00. In the report, Jefferies noted, “SLB impresses with its consistency. We raise our PT to $97 from $86, effectively raising our target multiple (although
