Stifel Maintains Buy on Halliburton, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on Halliburton but lowers the price target from $45 to $42.
October 11, 2024 | 2:33 pm
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Stifel analyst Stephen Gengaro maintains a Buy rating on Halliburton but lowers the price target from $45 to $42.
The analyst's decision to maintain a Buy rating suggests continued confidence in Halliburton's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100