Morgan Stanley Upgrades Halliburton To Overweight

Analysts at Morgan Stanley upgraded Halliburton Company HAL from Equal-weight to Overweight. The price target for Halliburton has been lowered from $63 to $60. Halliburton shares have dropped 2.99% over the past 52 weeks, while the S&P 500 index has gained 10.58% in the same period. Halliburton's shares fell 0.06% to $49.60 in pre-market trading.