Jefferies lowered the firm’s price target on Halliburton (HAL) to $41 from $43 and keeps a Buy rating on the shares. Large cap oilfield services companies are entering 2025 with continued concerns on global activity growth, says the analyst, who believes the key themes to watch include international growth, North American market activity, margins sustainability, shareholder returns and business diversification.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HAL:
- Biden plans to block more offshore O&G drilling in final weeks, Bloomberg says
- Halliburton price target lowered to $33 from $35 at JPMorgan
- Halliburton downgraded to Neutral from Buy at Griffin Securities
- Micron downgraded, Block upgraded: Wall Street’s top analyst calls
- Piper assumes Oilfield Services coverage with 4 buys, 4 neutrals