RBC Capital analyst Keith Mackey upgraded Halliburton (HAL) to Outperform from Sector Perform with a price target of $31, up from $26. The firm views the company’s Q3 report as “strong” and says estimates have reset significantly lower in the past year. Halliburton’s “returns-focused management” is driving improving capital efficiency and the company’s role in potential international power generation projects could provide catalysts in the quarters ahead, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HAL:
- Halliburton’s Strategic Investments and Strong Performance Drive Buy Rating Upgrade
- Halliburton Reports Q3 2025 Earnings and Strategic Advances
- Halliburton upgraded to Outperform from Sector Perform at RBC Capital
- Halliburton’s Q3 2025 Earnings Call Highlights Strategic Growth
- Halliburton’s Growth Potential and Strategic Collaborations Drive Buy Rating