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JP Morgan Initiates Schlumberger With Overweight

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Courtesy of Benzinga.

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Analysts at JP Morgan initiated coverage on Schlumberger Limited (NYSE: SLB) with a Overweight rating.

The target price for Schlumberger is set to $101.

Schlumberger shares have dropped 12.72 percent over the past 52 weeks, while the S&P 500 index has surged 10.46 percent in the same period.

Schlumberger shares rose 0.39 percent to $91.00 in pre-market trading.

Latest Ratings for SLB

Date Firm Action From To
May 2015 JP Morgan Initiates Coverage on Overweight
May 2015 Citigroup Maintains Neutral
Apr 2015 Barclays Maintains Equal-weight

View More Analyst Ratings for SLB
View the Latest Analyst Ratings

Posted-In: JP MorganInitiation Analyst Ratings

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