Halliburton Announces Third Quarter 2016 Results

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Go back to Halliburton Announces Third Quarter 2016 Results

BMO Capital Raises Price Target on Halliburton (HAL) Following 3Q Report

October 20, 2016 9:27 AM EDT

BMO Capital reiterated an Outperform rating on Halliburton (NYSE: HAL), and raised the price target to $58.00 (from $50.00), following the company's 3Q earnings report. HAL reported EPS of $0.01 with strong operating cashflow. EBITDA of $503mm beat consensus by 8%.

Analyst Daniel Boyd commented, "We... More

Jefferies Reiterates Buy on Halliburton (HAL) Following 3Q

October 20, 2016 8:45 AM EDT

Jefferies reiterated a Buy rating and $58.00 price target on Halliburton (NYSE: HAL) following the company's 3Q earnings report. 2017 EPS estimates were raised by $0.10 based on higher NAM margins partially offset by lower NAM revenues and modestly lower International margins. The 2018 EPS estimate remains $3.00.... More

Halliburton (HAL) PT Raised to $61 at Nomura Following Q3

October 20, 2016 7:09 AM EDT

Nomura Securities analyst Matthew Johnston reiterated a Buy rating and lifted his price target on Halliburton (NYSE: HAL) to $61.00 (from $54.00) following Q3 results.

Johnston commented, "We continue to think HAL is the best way for investors to gain risk-adjusted exposure to an E&P... More