Halliburton (HAL) Shares Fall Following Morgan Stanley Downgrade

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March 21, 2012 2:19 PM EDT
Get Alerts HAL Hot Sheet
Price: $35.69 +1.91%

Rating Summary:
    34 Buy, 17 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Shares of Halliburton (NYSE: HAL) have pushed below the $34 level Wednesday afternoon following a mid-day downgrade from Morgan Stanley. The firm now rates the stock an Equalweight, down from Overweight previously. A $45 price target was set.

With Halliburton shares now down 2.1 percent to $34.02, Morgan Stanley's price target implies potential upside of about 32 percent (despite the neutral-equivalent rating).

For an analyst ratings summary and ratings history on Halliburton click here. For more ratings news on Halliburton click here.

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