JP Morgan Maintains Overweight on Halliburton, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram maintains an Overweight rating on Halliburton (NYSE:HAL) but lowers the price target from $45 to $40.
July 22, 2024 | 3:02 pm
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NEUTRAL IMPACT
JP Morgan analyst Arun Jayaram maintains an Overweight rating on Halliburton but lowers the price target from $45 to $40.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100