BofA lowered the firm’s price target on Halliburton to $40 from $41 and keeps a Buy rating on the shares. North American market weakness is apparent, but international momentum is still strong, says the analyst, who cut the firm’s 2024 and 2025 EBITDA estimates by 3% and 4% to $5.16B and $5.49B, respectively, after Q2 earnings.
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