BMO Capital Maintains Market Perform on Halliburton, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Phillip Jungwirth maintains a Market Perform rating on Halliburton (NYSE:HAL) but lowers the price target from $40 to $38.
October 10, 2024 | 3:42 pm
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BMO Capital has maintained its Market Perform rating on Halliburton but has lowered the price target from $40 to $38, indicating a slightly less optimistic outlook.
The lowering of the price target from $40 to $38 by BMO Capital suggests a slightly less optimistic view on Halliburton's short-term performance. This could lead to a minor negative impact on the stock price as investors adjust their expectations.
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