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Halliburton price target raised to $43 from $36 at Stifel

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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