RBC Capital Downgrades Halliburton to Sector Perform, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded Halliburton from Outperform to Sector Perform and reduced its price target from $44 to $37.
September 13, 2024 | 11:37 am
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RBC Capital has downgraded Halliburton from Outperform to Sector Perform, reducing the price target from $44 to $37. This suggests a less optimistic outlook on Halliburton's stock performance.
The downgrade from Outperform to Sector Perform indicates a less favorable view of Halliburton's future performance. The reduced price target from $44 to $37 suggests expectations of lower stock price appreciation, likely leading to a negative short-term impact on the stock price.
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IMPORTANCE 80
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