UBS Maintains Buy on Halliburton, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Buy rating on Halliburton but lowers the price target from $45 to $41.
August 20, 2024 | 12:32 pm
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UBS analyst Josh Silverstein continues to recommend buying Halliburton shares but has reduced the price target from $45 to $41, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Halliburton's prospects, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100