Citigroup Maintains Buy on Halliburton, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Buy rating on Halliburton (NYSE:HAL) and raises the price target from $45 to $50, indicating a positive outlook on the company's stock.
April 24, 2024 | 6:00 pm
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Citigroup analyst Scott Gruber maintains a Buy rating on Halliburton and raises the price target from $45 to $50.
The increase in price target by Citigroup reflects a positive outlook on Halliburton's stock, suggesting confidence in the company's future performance. This endorsement from a major financial institution could lead to increased investor confidence and potentially drive the stock price up in the short term.
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