New Energies
Search documents
SocGen Cuts SLB N.V. (SLB) Price Target But Asserts ‘Outperform’ Rating
Yahoo Finance· 2025-10-19 07:46
SLB N.V. (NYSE:SLB) is one of the most profitable energy stocks to buy right now. On October 10, SocGen analyst Guillaume Delaby reiterated an ‘Outperform’ rating on the stock but cut the price target to $47.60 from $63. rawfilm-ihMzQV3lleo-unsplash The price target cut comes amid concerns that the company will pay a price for the slow transition towards New Energies as a medium-term negative. Additionally, the analyst has raised concerns about upcoming results that could impact the stock’s sentiment an ...