RBC Capital Reiterates Outperform on Halliburton, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey has reiterated an Outperform rating on Halliburton (NYSE:HAL) and maintained a price target of $45. This reaffirmation of the positive outlook for Halliburton suggests confidence in the company's future performance.
January 24, 2024 | 4:17 pm
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RBC Capital analyst Keith Mackey reaffirmed an Outperform rating on Halliburton and maintained a $45 price target, indicating a positive outlook for the company's stock.
The reiteration of an Outperform rating by a prominent analyst can positively influence investor sentiment and potentially lead to a short-term increase in the stock price. The maintained price target of $45 suggests that the analyst sees continued upside potential for the stock, which could encourage investors to maintain or establish positions in Halliburton.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100