energy

UBS cuts SLB price target to $70 from $75 a share

UBS lowered its price target on SLB shares to $70 from $75, according to a Dow Jones Newswires report based on Benzinga ratings data.

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what happened

Dow Jones Newswires reports that UBS has reduced its price target for SLB shares to $70 a share from $75. The information comes from Benzinga's analyst ratings page for the stock.

why it matters

A cut in a broker's target price reflects the analyst's revised view of the company's value rather than a new operating result. For energy-services stocks, such changes can shape sentiment around the name, but on their own they do not alter the fundamental picture.

tags

instruments

SLB

sources

  1. SLB Price Target Cut to $70.00/Share From $75.00 by UBS — Dow Jones Newswires, 26 October 2026 at 18:49 UTC
  2. Wendy's Price Target Cut to $6.50/Share From $8.00 by UBS — Dow Jones Newswires, 26 October 2026 at 19:05 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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