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Halliburton Company HAL - News Analyzed: 3,900 - Last Week: 100 - Last Month: 500

↑ Halliburton Company HAL: Strong Market Performance Despite Occasional Lapses | A Favourite Among Institutional Owners

Halliburton Company HAL: Strong Market Performance Despite Occasional Lapses | A Favourite Among Institutional Owners

Halliburton Company (HAL) is operating a positive market scenario, despite occasional lapses. The firm has declared a dividend of US$0.17, indicating sound financial health. It's believed to be trading at a 36% discount and stock growth is anticipated post Q2 results. Q2 earnings have been inline with estimates, demonstrating robust international growth. Capital One, however, cut the earnings estimates. Sealant product Sensori has introduced real-time subsurface feedback. Global partnership with Armada and Landmark for iEnergy solutions at edge was announced, affirming its innovative drives. Halliburton's Q1 2024 earnings beat estimates with contribution from international strength. Morgan Stanley and Bank of America revised price target to $45.00 and $40.00 respectively. Though the stock dipped with U.S. business stumble, it's favoured by 88% institutional owners. Despite a 6% dip earlier, there are optimistic forecasts for HAL before Q4 results. It remains a top value stock for long-term and could potentially be a multi-bagger.

Halliburton Company HAL News Analytics from Sat, 09 Dec 2023 20:53:01 GMT to Sun, 28 Jul 2024 13:00:20 GMT - Rating 7 - Innovation 5 - Information 7 - Rumor 1

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