RBC Capital raised the firm’s price target on Halliburton (HAL) to $44 from $43 and keeps an Outperform rating on the shares. The company’s Q1 results were ahead of expectations as stronger results from Europe and Latin America offset some of the impact from the Middle East disruptions, the analyst tells investors in a research note.
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Read More on HAL:
- Halliburton price target raised to $42 from $40 at Morgan Stanley
- Halliburton price target raised to $43 from $36 at Stifel
- 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