Halliburton price target lowered to $31 from $32 at Stifel

Stifel lowered the firm’s price target on Halliburton (HAL) to $31 from $32 and keeps a Buy rating on the shares. Oil service stocks have underperformed the S&P 500 in 2025, and catalysts have been largely negative, the analyst tells investors in a research note. Entering Q2 earnings season, the firm believes shares will be range bound until estimates stop falling.