18 Analysts Assess Halliburton: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have recently adjusted their ratings and price targets for Halliburton (NYSE:HAL), reflecting a mix of bullish and bearish sentiments. The average 12-month price target has decreased by 7.56% to $43.39. Halliburton's financials show strong profitability and effective cost control, but its revenue growth lags behind industry peers.
September 13, 2024 | 1:01 pm
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Analysts have lowered their price targets for Halliburton, with the average target now at $43.39, a 7.56% decrease. This reflects a mix of bullish and bearish sentiments, with recent financials showing strong profitability but lagging revenue growth compared to peers.
The decrease in the average price target by 7.56% indicates a bearish sentiment among analysts, which could negatively impact the stock price in the short term. Despite strong profitability metrics, the lag in revenue growth compared to peers may concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100