Morgan Stanley Reiterates Overweight on Halliburton, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has reiterated an Overweight rating on Halliburton (NYSE:HAL) and maintained a $45 price target.
July 21, 2023 | 2:29 pm
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Morgan Stanley has reiterated an Overweight rating on Halliburton and maintained a $45 price target, indicating a positive outlook for the company.
The Overweight rating from Morgan Stanley indicates that they believe Halliburton's stock will outperform the market in the future. The maintained price target of $45 suggests that they believe the stock is currently undervalued, which could lead to an increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100