Benchmark lowered the firm’s price target on Halliburton (HAL) to $35 from $40 and keeps a Buy rating on the shares. Management’s 2025 outlook cut puts its guidance mid-points for revenue and EBITDA 1% and 5% below consensus, respectively, the analyst noted.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HAL:
- Halliburton price target lowered to $30 from $32 at Barclays
- Halliburton Reports Strong Q4 Results and Optimistic Outlook
- HAL Earnings: Halliburton Stock Slips on Mixed Q4 Results, Soft 2025 Outlook
- Halliburton Reports Strong Q4 2024 Financial Results
- Options Volatility and Implied Earnings Moves Today, January 22, 2025