Jefferies Maintains Buy on Halliburton, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne maintains a Buy rating on Halliburton but lowers the price target from $47 to $46.
September 24, 2024 | 9:35 pm
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Jefferies analyst Lloyd Byrne maintains a Buy rating on Halliburton, indicating continued confidence in the stock, but slightly lowers the price target from $47 to $46, suggesting a minor adjustment in expected valuation.
The maintained Buy rating suggests continued positive sentiment towards Halliburton, which is supportive for the stock. However, the slight reduction in the price target indicates a minor adjustment in expected valuation, which could neutralize any immediate positive impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100