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Fly News Breaks for January 24, 2017
HAL
Jan 24, 2017 | 07:36 EDT
After Halliburton reported stronger than expected Q4 results, BMO Capital analyst Daniel Boyd says that the company's business has reached a positive turning point. He thinks that the stock is failing to reflect positive" nuances" in the company's guidance.Boyd adds that the company's results featured a number of positive catalysts, including higher prices and indications that its North American margins will rise going forward. The analyst keeps a $67 price target and an Outperform rating on the shares.
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