Market Overview

UPDATE: Citigroup Raises PT to $46 on Halliburton on Strong Quarter

Share:
Related HAL
Citi Research Sees Little Upside To FMC Technologies-Technip Merger
Bush 2.0 Is Back To Rescue Embattled GOP Senators
The Vetr community has upgraded $HAL to 4.5-Stars. (Vetr)

Citigroup maintained Halliburton Company (NYSE: HAL) with a Buy rating and raised the price target from $42.00 to $46.00.

Citigroup commented, "We think the stage is set for strong relative performance by Halliburton in 2013 based on the outlook for international revenue growth and margin expansion coupled with a rebound in North American margins as the year progresses. HAL remains our top large-cap diversified services pick and we boost our price target to $46 from $42. Our EPS estimates for 2013-15 are well above the current consensus."

Halliburton closed at $39.72 on Tuesday.

Latest Ratings for HAL

DateFirmActionFromTo
May 2016Griffen SecuritiesUpgradesBuy
May 2016Argus ResearchMaintainsBuy
May 2016FBR CapitalUpgradesMarket PerformOutperform

View More Analyst Ratings for HAL
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Price Target Analyst Ratings

 

Related Articles (HAL)

View Comments and Join the Discussion!