Analysts trimmed SLB Limited (NYSE:SLB) price targets this week as Citigroup and TD Cowen revised forecasts lower, even as the company expands operations at Shreveport Business Park to 3.1M sq ft with staff growing to 820 and plans to reach about 1,400 by 2027.
Previous Week Recap
- Slb Price Targets Cut: Analysts cut Schlumberger (SLB) price targets this week: Citigroup to $63 from $68 and TD Cowen to $62 from $66, reflecting updated outlooks for the stock.
- SLB Expands Shreveport Space: SLB expanded at Shreveport Business Park to 3.1M sq ft at the former GM plant. On-site staff is 820, projected to reach ~1,400 by 2027; firm using remaining space.
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