Citigroup keeps Buy ratings on Brinker, Weatherford and SLB but trims targets
Citigroup maintained Buy ratings on Brinker, Weatherford and SLB while lowering price targets on all three stocks. Reported by Dow Jones Newswires.
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what happened
Citigroup kept its Buy rating on Brinker International, Weatherford International and SLB. At the same time, the bank lowered its price targets: Brinker to $270 from $282, Weatherford to $112 from $115, and SLB to $62 from $63.
The information was published by Dow Jones Newswires, citing ratings data from Benzinga, on October 19, 2026.
why it matters
A cut to price targets alongside an unchanged rating usually signals an adjustment to valuation models rather than a change in view on the business. For Weatherford and SLB, both oilfield services companies, such revisions are often read alongside the broader oil market. On their own, these actions are routine and rarely move the market noticeably.
tags
instruments
sources
- Brinker International Is Maintained at Buy by Citigroup — Dow Jones Newswires, 19 October 2026 at 21:02 UTC
- Weatherford International Is Maintained at Buy by Citigroup — Dow Jones Newswires, 19 October 2026 at 21:07 UTC
- SLB Is Maintained at Buy by Citigroup — Dow Jones Newswires, 19 October 2026 at 21:06 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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