16 Analysts Assess Halliburton: What You Need To Know
Portfolio Pulse from Benzinga Insights
Halliburton (NYSE:HAL) has been analyzed by 16 analysts, showing a range of ratings from bullish to bearish. Recent analyst actions have mostly involved lowering price targets, with an average target now at $44.0, down from $47.12. Halliburton's financials show strong profitability and effective cost management, but its revenue growth is below industry average.
August 20, 2024 | 4:00 pm
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Halliburton has received mixed analyst ratings, with recent actions mostly lowering price targets. The average target is now $44.0, down from $47.12. Despite strong profitability, revenue growth is below industry average.
The majority of analysts have lowered their price targets for Halliburton, indicating a bearish sentiment. The average price target has decreased, suggesting potential short-term downward pressure on the stock. Despite strong profitability metrics, the company's revenue growth is below industry average, which may concern investors.
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