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Benzinga
Benzinga
Business
Triveni Kothapalli

Halliburton Targets Higher Returns With Leaner Spending: Analysts

Milan,,Italy,-,August,10,,2017:,Halliburton,Logo,On,The

Halliburton Company (NYSE:HAL) reported third-quarter results that came in above expectations, reflecting stronger execution and improved cost efficiency.

RBC Capital Markets analysts led by Keith Mackey upgraded Halliburton to Outperform from Sector Perform and raised their price forecast to $31 from $26, citing strong third-quarter 2025 results.

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