Stifel Maintains Buy Rating for Halliburton: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Stifel has maintained its Buy rating for Halliburton (NYSE:HAL) but lowered its price target from $49.00 to $48.00. Halliburton's shares are currently trading up 1.11% at $37.94 per share. A move to $48.00 would represent a 26.52% increase from the current share price.
July 12, 2023 | 5:00 pm
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Stifel maintains its Buy rating for Halliburton but lowers its price target. This could potentially lead to increased investor interest and a rise in the stock price.
Analyst ratings often influence investor sentiment. In this case, Stifel's maintained Buy rating indicates a positive outlook for Halliburton, which could attract more investors and drive up the stock price. However, the lowered price target might temper this effect slightly.
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