Citigroup Maintains Buy on Halliburton, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Buy rating on Halliburton (NYSE:HAL) but lowers the price target from $50 to $45.
June 28, 2024 | 8:34 pm
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NEUTRAL IMPACT
Citigroup analyst Scott Gruber maintains a Buy rating on Halliburton but lowers the price target from $50 to $45.
The maintained Buy rating suggests continued confidence in Halliburton's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100