Published: Sunday, July 20, 2025 · 7:15 PM | Updated: Sunday, July 20, 2025 · 7:15 PM
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Wells Fargo analyst Roger Read has adjusted the price target for SLB, increasing it to $44 from the previous $43, while maintaining an Overweight rating for the stock. This revision comes as a result of the company’s updated guidance and its merger with ChampionX (CHX, Financial), as explained by the analyst. This strategic merger is anticipated to influence future evaluations and growth prospects for the companies involved.
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