Historical Stock Chart
2 Months : From Aug 2019 to Oct 2019
By Stephen Nakrosis
Shares of oil field services company Schlumberger Ltd. (SLB) are rising in Monday's New York Stock Exchange trading session, as the company and its peers see a boost following a series of drone attacks against oil infrastructure in Saudi Arabia.
At 11:54 a.m. ET, the company's shares were 4.63% higher, trading at $39.05. Volume was just over 9.8 million shares, approaching the 65-day average of some 10.4 million.
Before the bell Monday, Barclays said it was raising its recommendation on the stock from equal-weight to overweight, and pushing its price target higher, to $50 per share from $45.
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(END) Dow Jones Newswires
September 16, 2019 12:15 ET (16:15 GMT)
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