Barclays analyst J. David Anderson lowered the firm’s price target on Halliburton (HAL) to $26 from $29 and keeps an Equal Weight rating on the shares. The company reported a “rough start to earnings season” as Barclays lowered both 2025 and 2026 estimates by 8% with margins taking a step back, the analyst tells investors in a research note.
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Read More on HAL:
- Halliburton’s Q1 2025 Earnings: Revenue Decline Amid Technological Advances
- Halliburton’s Earnings Call: Mixed Sentiments and Future Outlook
- Cautious Optimism: Halliburton’s Growth Potential Amid Operational Challenges
- HAL Earnings: Soft EPS & Sales Hammer Halliburton Stock
- Halliburton Reports Q1 2025 Income Decline
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