Jefferies lowered the firm’s price target on Halliburton (HAL) to $41 from $43 and keeps a Buy rating on the shares. Large cap oilfield services companies are entering 2025 with continued concerns on global activity growth, says the analyst, who believes the key themes to watch include international growth, North American market activity, margins sustainability, shareholder returns and business diversification.
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Read More on HAL:
- Biden plans to block more offshore O&G drilling in final weeks, Bloomberg says
- Halliburton price target lowered to $33 from $35 at JPMorgan
- Halliburton downgraded to Neutral from Buy at Griffin Securities
- Micron downgraded, Block upgraded: Wall Street’s top analyst calls
- Piper assumes Oilfield Services coverage with 4 buys, 4 neutrals
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
