These Analysts Revise Their Forecasts On Halliburton After Q2 Results
Portfolio Pulse from Lisa Levin
Halliburton Company (NYSE:HAL) reported mixed Q2 results with a 14.3% YoY revenue growth to $5.798 billion, missing the consensus of $5.86 billion. Adjusted EPS was $0.77 (+57.1%), beating the consensus of $0.75. Following the earnings announcement, analysts from Raymond James, Barclays, and JP Morgan revised their price targets on Halliburton.
July 20, 2023 | 11:05 am
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Halliburton's mixed Q2 results led to revised price targets by analysts. The stock fell 2.9% to close at $37.01 on Wednesday but added 0.3% in today's pre-market trading.
Halliburton's Q2 results were mixed, with revenue missing the consensus but EPS beating it. This led to revised price targets by analysts from Raymond James, Barclays, and JP Morgan. The stock price fell after the earnings announcement but slightly recovered in pre-market trading.
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