SLB price target lowered to $65 from $68 at TD Cowen

TD Cowen analyst Marc Bianchi lowered the firm’s price target on SLB (SLB) to $65 from $68 and keeps a Buy rating on the shares. The firm said considering the macro uncertainty, it’s hard to say the decks are cleared following Q3, but they think the reset removes what had become a problematic overhang on the stock.