Halliburton price target raised to $57 from $51 at Susquehanna

Susquehanna analyst Charles Minervino raised the firm’s price target on Halliburton to $57 from $51 and keeps a Positive rating on the shares. The analyst said the company should continue to see double-digit revenue growth in its North America segment due to pricing and service intensity and noted they raised its quarterly dividend to $0.16, a 33% increase, and reiterated its commitment to return 50%+ of FCF to shareholders through additional share repurchases in 2023.