Halliburton price target lowered to $43 from $47 at Barclays

Barclays analyst J. David Anderson lowered the firm’s price target on Halliburton (HAL) to $43 from $47 and keeps an Overweight rating on the shares. Although the North America slowdown was less than feared, the company’s Q4 EBITDA was guided 8% below consensus and 2025 revised lower on a weaker international outlook, the analyst tells investors in a research note. The firm says investors are struggling to find catalysts for the sector in a weakening cycle.