Morgan Keegan Maintains Outperform Rating On Halliburton - Halliburton (NYSE:HAL)

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According to Morgan Keegan, Halliburton (NYSE: HAL) Outperform rating is maintained.Morgan Keegan said that NAM and pressure pumping delivered another great quarterly result and support our significantly raised expectations for 2H'11 and 2012. “Our $68 price target for Halliburton is based on 15.0x our upwardly adjusted 2012 earnings estimate of $4.55. Our rating remains Outperform.”Halliburton closed yesterday at $53.12.

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