Halliburton (HAL) PT Raised to $44 at RBC Capital

RBC Capital analyst Keith Mackey raised the price target on Halliburton (NYSE: HAL) to $44.00 (from $43.00) while maintaining a Outperform rating.

The analyst commented, "1Q26 results were ahead of our expectations as stronger results from Europe and Latin America offset some of the impact from the Middle East disruptions. We increase our 2026/27 adj. EBITDA estimates by 5/6%. Maintain Outperform rating with a $44 price target ($43 prior)."

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