UBS Maintains Buy Rating for Halliburton: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
UBS has maintained its Buy rating for Halliburton (NYSE:HAL) and increased its price target from $49.00 to $52.00. This new target price represents a 31.3% increase from the current share price. Halliburton's shares have risen by 0.8% over the last 24 hours.
August 17, 2023 | 5:00 pm
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UBS has maintained its Buy rating for Halliburton and raised its price target, indicating a positive outlook for the company. This could potentially lead to an increase in the company's stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. UBS's decision to maintain a Buy rating and raise the price target for Halliburton indicates a positive outlook for the company, which could potentially lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100