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Fly News Breaks for April 23, 2019
HAL
Apr 23, 2019 | 07:50 EDT
SunTrust analyst Ken Sill lowered his price target on Halliburton to $39 after its Q1 results and Q2 guidance to reflect his lowered implied enterprise value to expected FY20 EBITDA multiple of 9.0-times from 9.6-times, which is in line with its 2007-2014 average. The analyst is also keeping his Buy rating on Halliburton stock, saying the tone of the earnings call was "much improved" and reflects stabilizing U.S. pricing on better supply/demand fundamentals along with expectations of an increase in international activity.
News For HAL From the Last 2 Days
HAL
Apr 24, 2024 | 08:09 EDT
HAL
Apr 24, 2024 | 07:34 EDT
