Stifel raised the firm’s price target on Halliburton (HAL) to $43 from $36 and keeps a Buy rating on the shares following better-than-expected Q1 results fueled by solid performance in both segments. The firm is increasing its 2026-27 EBITDA estimates and lifting its price target based on higher numbers and multiple expansion.
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Read More on HAL:
- Halliburton price target raised to $42 from $40 at JPMorgan
- Halliburton price target raised to $37 from $29 at Barclays
- Halliburton upgraded to Buy from Neutral at Griffin Securities
- Halliburton: Raising Estimates and Target Price on Strong Earnings, Supportive Macro Backdrop, and Asymmetrical Upside Potential
- Halliburton Earnings Call: Tech, Offshore Wins vs. Turmoil
