B of A Securities Maintains Buy on Halliburton, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Halliburton but lowered the price target from $40 to $38.
October 14, 2024 | 5:34 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Halliburton, indicating continued confidence in the stock, but has lowered the price target from $40 to $38, suggesting a slightly less optimistic outlook.
The maintenance of a Buy rating suggests that the analyst still sees potential upside in Halliburton's stock, but the lowered price target indicates a tempered expectation of future performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100