Schlumberger (SLB) reported second-quarter earnings on July 24, 2026.
Five investment firms raised their price targets on July 27, 2026.
Jefferies increased its price target to $66 from $65 and maintained a Buy rating.
BMO Capital Markets raised its target to $63 from $59 and kept an Outperform rating.
Barclays, JPMorgan, and Morgan Stanley also adjusted their price targets upward.
The revisions follow adjusted earnings per share that exceeded analyst estimates.