UBS analyst Josh Silverstein maintains $Halliburton (HAL.US)$ with a buy rating, and adjusts the target price from $51 to $36.
According to TipRanks data, the analyst has a success rate of 60.8% and a total average return of 8.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Halliburton (HAL.US)$'s main analysts recently are as follows:
Despite North America's slowdown being less severe than expected, the company's Q4 EBITDA forecast was positioned 8% below the consensus, and the outlook for 2025 was adjusted downwards due to a dimmer international perspective. Analysts note that investors are grappling with the challenge of identifying drivers for the sector amid a declining cycle.
The firm indicated a projection for the fourth quarter that falls significantly below the consensus, as it expects both Completion & Production revenue and margin to diminish.
Note:
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