** RBC Capital Markets raises price target for oilfield services companies

** Brokerage expects "stable earnings trajectories" 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 HAL.N 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:

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))