Wells Fargo Resumed Coverage on Halliburton (HAL) with an 'Outperform'; US Frac Market Provides Upside Earnings Potential
HAL Hot Sheet
Rating Summary:10 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Last night, Wells Fargo resumed coverage on Halliburton (NYSE: HAL) with an Outperform rating. Valuation range $35-37.
Wells analyst says, "We view HAL as a solid #2 Oilfield Service company that is well run, well capitalized, and could provide significant upside earnings surprises over the next few quarters. We think HAL is attractively valued following a selloff of the group."
To see all the upgrades/downgrades on shares of HAL, visit our Analyst Ratings page.
Shares fell $0.27 yesterday to close at $29.84. The 52-wk trading range is $21.10 - 35.22.
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Wells analyst says, "We view HAL as a solid #2 Oilfield Service company that is well run, well capitalized, and could provide significant upside earnings surprises over the next few quarters. We think HAL is attractively valued following a selloff of the group."
To see all the upgrades/downgrades on shares of HAL, visit our Analyst Ratings page.
Shares fell $0.27 yesterday to close at $29.84. The 52-wk trading range is $21.10 - 35.22.
Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!
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