Halliburton Company (NYSE: HAL) has showcased significant upside potential, despite having recently missed projected earnings by 60%. Notably, HAL's price target has been lowered by Goldman Sachs. Amid these developments, several hedge funds, including Banco Bilbao Vizcaya Argentaria S.A., have invested in the company. Despite its recent dip in value, Halliburton is considered a valuable pick among the large-cap stocks for investments according to informed analysts. The company has experienced a significant activity, with multiple investment firms either buying or selling its shares. Meanwhile, uncertainties surrounding oil prices and concerns over economic slowdown have caused financial projections and reputation damage. It is also evident from the updates that Halliburton had largely met revenue estimates, even as its stock dipped in value. The company, therefore, remains a preferable investment option due to hints of potential upside, despite significant risks
Halliburton Company HAL News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Sat, 03 May 2025 11:26:22 GMT -
Rating 1
- Innovation 6
- Information 8
- Rumor -5" , "Rat
