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insider trading activity and institutional investments in schlumberger stock
Schlumberger insiders have sold 290,772 shares valued at $12.5 million over the past ninety days, with one insider reducing their stake by 33.5%. Institutional investors hold 81.99% of the stock, while analysts maintain a "Moderate Buy" rating, with a consensus price target of $55.69. Barclays recently lowered its target to $53.00, indicating a potential upside of 26.21%.
Goldman Sachs highlights stable stocks amid global market uncertainty
Goldman Sachs analysts have identified stocks that provide stability and visibility amid global market uncertainty, highlighting companies like PepsiCo, Waste Management, and Travelers for their low volatility and strong financial returns. They also point to high-growth stocks such as Live Nation and Spotify, while recommending income-focused investments like Bank of America and Schlumberger for their strong dividend potential. Conversely, stocks like Lazard and Marsh & McLennan may face earnings vulnerabilities.
This week, major banks including JPMorgan Chase, Goldman Sachs, and Bank of America are set to report earnings, alongside tech and healthcare firms like Taiwan Semiconductor Manufacturing Company and UnitedHealth Group. Key economic indicators such as the Consumer Price Index and Producer Price Index will be released, providing insights into inflation trends, while several Federal Reserve officials are scheduled to speak ahead of the upcoming monetary policy meeting.
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