Societe Generale Downgraded Halliburton Co. (HAL)


Halliburton Co. (NYSE:HAL) was downgraded by research analysts at Societe Generale to a “hold” rating in a research note issued on Monday.

A number of other equities analysts have also recently issued reports on HAL. Citigroup Inc. restated a “buy” rating on shares of Halliburton in a research report on Sunday, March 20th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Halliburton in a research report on Wednesday, March 23rd. Royal Bank Of Canada restated a “buy” rating and issued a $42.00 price objective on shares of Halliburton in a research report on Wednesday, March 23rd. Barclays PLC boosted their price objective on shares of Halliburton from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Monday, March 28th. Finally, Simmons restated a “buy” rating and issued a $43.00 price objective (up previously from $37.50) on shares of Halliburton in a research report on Monday, March 28th. Eight investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $46.58.




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