Jefferies raised the firm’s price target on Halliburton to $50 from $49 and keeps a Buy rating on the shares. The analyst revised fiscal 2025 and 2026 modestly higher post the Q1 report. The firm believes Halliburton should be able to hit 2024 market expectations and is poised for growth in 2025.
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:
- Halliburton price target lowered to $49 from $50 at Wells Fargo
- 3 Best Stocks to Buy Now, 4/25/2024, According to Top Analysts
- Halliburton gets ‘deep water’ construction contract by exploration firm Rhino
- Halliburton price target raised to $48 from $47 at TD Cowen
- Halliburton price target raised to $50 from $45 at Citi