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JPM rates Halliburton (HAL +0.6%) and Schlumberger (SLB

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Timothy Smith   Thursday, 06/04/15 08:53:54 AM
Re: stocksmarter post# 156
Post # of 197 
JPM rates Halliburton (HAL +0.6%) and Schlumberger (SLB +0.4%) at Overweight with respective price targets of $56 and $101; the firm praises HAL's pending merger with Baker Hughes, which it thinks will create “create a powerhouse North American competitor," and says SLB is positioned to come out of the downturn strong, thanks to its presence in attractive markets and initiatives it began before oil prices fell.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty
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