<div id="readability-page-1"><div>** RBC Capital Markets raises price target for oilfield services companies** Brokerage expects &#34;stable earnings trajectories&#34; and finds valuations mostly attractive** Says the Venezuela market has been historically important for OFS and a re-opening could drive incremental revenue for the sector** Brokerage is slightly above the street for Halliburton's Q4 EBITDA, but expects Q1 down 10% year over year with limited buybacks, likely pressuring shares near-term** However, brokerage says the sharp rally will put pressure on firms to give positive updates, and they would not be surprised if fundamental outlooks provided on Q4 calls do not live up to current sentiment** Brokerage raises PT for the following companies:<div><table><tbody><tr><td>Companies</td><td>Old PT</td><td>New PT</td><td>Upside to the stock's last close</td></tr><tr><td>Baker Hughes </td><td>$54</td><td>$57</td><td>14%</td></tr><tr><td>Halliburton </td><td>$31</td><td>$36</td><td>~9%</td></tr><tr><td>SLB </td><td>$43</td><td>$51</td><td>8.6%</td></tr></tbody></table></div></div></div>

RBC Capital Markets has raised the price targets for several oilfield services companies, citing stable earnings and attractive valuations. The brokerage highlights the potential revenue boost from a re-opening of the Venezuela market. While they project a slight decline in Halliburton's Q1 earnings, they anticipate pressure on firms to provide positive updates. The new price targets are: Baker Hughes from $54 to $57, Halliburton from $31 to $36, and SLB from $43 to $51, reflecting respective upsides of 14%, 9%, and 18.6%.

RBC lifts oilfield services companies' PT citing stable earnings, attractive valuations