Halliburton: Jefferies cuts target price

(CercleFinance.com) - Jefferies maintains its 'buy' recommendation on Halliburton shares, trimming its target price from $47 to $46, ahead of Q3 results in line with expectations, with EPS of $0.
76 and revenues of around $5.84bn.

While the focus should be on 2025, the broker has tempered its estimates for next year, now expecting only 7% growth in international revenues and flat revenues in North America.


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