Halliburton price target lowered to $46 from $47 at Jefferies

Jefferies lowered the firm’s price target on Halliburton to $46 from $47 and keeps a Buy rating on the shares. The firm expects Halliburton to post in-line Q3 revenue, EBITDA and EPS and reiterate its fiscal year view, the analyst tells investors in a preview. The market focus will be on the 2025 trajectory, which Halliburton is expected to provide on the call, says the analyst, who has tempered FY25 estimates and models 7% year-over-year growth in international revenue and flat North American revenue.