Susquehanna Maintains Positive Rating for Halliburton: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Susquehanna has maintained its Positive rating for Halliburton (NYSE:HAL) and increased its price target from $44.00 to $48.00. Despite this, Halliburton's shares have fallen by 3.38% over the last 24 hours, trading at $38.70 per share. A move to $48.00 would represent a 24.01% increase from the current share price.
October 04, 2023 | 5:00 pm
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Despite Susquehanna's Positive rating and increased price target, Halliburton's shares have fallen by 3.38% over the last 24 hours. A move to Susquehanna's target would represent a 24.01% increase.
Susquehanna's Positive rating and increased price target suggest a bullish outlook for Halliburton. However, the recent drop in share price indicates market sentiment may not align with this outlook. The impact on the stock is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100