UBS Maintains Buy on Halliburton, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Buy rating on Halliburton but lowers the price target from $41 to $37.
September 18, 2024 | 2:31 pm
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UBS analyst Josh Silverstein continues to recommend buying Halliburton shares but has reduced the price target from $41 to $37, 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 stance, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
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