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Halliburton Company (HAL)

NYSE - Nasdaq Real Time Price. Currency in USD

28.94

-0.36

(-1.23%)

At close: 04:00PM EDT

28.98

+0.04

(+0.14%)

After hours:

08:00PM EDT

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TipRanks
Halliburton price target lowered to $38 from $40 at BofA
BofA lowered the firm’s price target on Halliburton to $38 from $40 and keeps a Buy rating on the shares. Weakening global oil demand growth and abundant supply is setting up for a challenging 2025 for oil price and Oilfield Services stock picking, the analyst tells investors. The firm believes the current global oil supply/demand outlook demands U.S. Land oil production to flatten “and quickly,” notes the analyst, who has lowered price targets by 6% on average across the group. Published first