Goldman Sachs Maintains Buy on Halliburton, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a Buy rating on Halliburton (NYSE:HAL) but lowers the price target from $45 to $42.
June 13, 2023 | 12:38 pm
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NEUTRAL IMPACT
Goldman Sachs maintains Buy rating on Halliburton (NYSE:HAL) but lowers price target from $45 to $42.
Goldman Sachs' lowered price target on Halliburton may cause some short-term uncertainty among investors, but the maintained Buy rating indicates that the analyst still believes in the company's potential for growth. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100