Halliburton (HAL) July weekly volatility increases unto Q2 and outlook

Go back to Halliburton (HAL) July weekly volatility increases unto Q2 and outlook

FBR Capital Raises Price Target on Halliburton (HAL) to $53 Following Strong 2Q

July 21, 2016 6:52 AM EDT

FBR Capital reiterated an Outperform rating on Halliburton (NYSE: HAL), and raised the price target to $53.00 (from $49.00), following the company's 2Q earnings report. HAL posted an EPS of ($0.14), beating consensus estimates of ($0.19) on higher EBIT and lower taxes.

Analyst Thomas Curran commented, "Despite... More