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Halliburton price target lowered to $47 from $50 at Jefferies
The Fly

Halliburton price target lowered to $47 from $50 at Jefferies

Jefferies lowered the firm’s price target on Halliburton to $47 from $50 and keeps a Buy rating on the shares. Halliburton Q2 revenue missed, while margins were above expectations, notes the analyst, whose FY24 revenue and EBITDA estimates are revised down by about 3% and 4%, respectively, as the firm incorporates the company’s updated guidance.

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