Stifel raises PTs for oilfield services companies on Venezuela opportunity
21/01/2026 13:37
** Brokerage Stifel raises PTs on oilfield services companies ** Says SLB SLB.N and Halliburton HAL.N appear best positioned to benefit from investment in Venezuela ** Adds: "We believe U.S. drilling and completion modestly exceeded expectations in 4Q25, but we don't expect much change to 2026 forecasts" ** Changes PT on following companies:
| Companies | Old PT | New PT | Upside to stock's last close |
| Baker Hughes BKR.O | $52 | $57 | 11.1% |
| Halliburton HAL.N | $32 | $35 | 9.1% |
| Liberty Energy LBRT.N | $19 | $23 | 14.2% |
| SLB SLB.N | $48 | $52 | 11.9% |
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