JP Morgan Maintains Overweight on Halliburton, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram maintains an Overweight rating on Halliburton (NYSE:HAL) but lowers the price target from $50 to $45.
July 20, 2023 | 10:34 am
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JP Morgan maintains an Overweight rating on Halliburton but lowers the price target from $50 to $45.
The news is directly related to Halliburton. While the Overweight rating is maintained, the lowering of the price target might indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100