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Analysts’ Top Energy Picks: Schlumberger (SLB), Enterprise Products Partners (EPD)

Tipranks - Fri Apr 17, 3:50AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Schlumberger (SLB) and Enterprise Products Partners (EPD) with bullish sentiments.

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Schlumberger (SLB)

Citi analyst Scott Gruber maintained a Buy rating on Schlumberger yesterday and set a price target of $59.00. The company’s shares closed last Wednesday at $52.42.

According to TipRanks.com, Gruber is a 5-star analyst with an average return of 14.8% and a 59.9% success rate. Gruber covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, Weatherford International, and Oceaneering International. ;'>

Currently, the analyst consensus on Schlumberger is a Strong Buy with an average price target of $56.87, which is a 9.9% upside from current levels. In a report issued on April 14, RBC Capital also maintained a Buy rating on the stock with a $61.00 price target.

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Enterprise Products Partners (EPD)

In a report released yesterday, Manav Gupta from UBS maintained a Buy rating on Enterprise Products Partners, with a price target of $45.00. The company’s shares closed last Wednesday at $37.10.

According to TipRanks.com, Gupta is a 5-star analyst with an average return of 18.0% and a 66.2% success rate. Gupta covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Cheniere Energy Partners, and HF Sinclair Corporation. ;'>

Currently, the analyst consensus on Enterprise Products Partners is a Moderate Buy with an average price target of $40.38, which is an 8.4% upside from current levels. In a report issued on April 7, Mizuho Securities also maintained a Buy rating on the stock with a $44.00 price target.

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