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Halliburton Company (NYSE:HAL) has been upgraded to Sell in a statement by BidaskClub earlier today.

BidaskClub has upgraded Halliburton Company (NYSE:HAL) to Sell in a statement released on 7/8/2017.

Previously on Tuesday July 04, 2017, Jefferies & Co reported on Halliburton Company (NYSE:HAL) bumped up the target price from $0.00 to $69.00. At the time, this indicated a possible upside of 0.58%.

Boasting a price of $41.78, Halliburton Company (NYSE:HAL) traded -1.21% lower on the day. With the last close down -16.26% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Halliburton Company has recorded a 50-day average of $42.63 and a two hundred day average of $47.79. Volume of trade was down over the average, with 5,519,611 shares of HAL changing hands under the typical 9,994,990

Recent Performance Chart

Halliburton Company (NYSE:HAL)

Halliburton Company has 52 week low of $40.00 and a 52 week high of $58.78 and has a market capitalization of $0.

In addition to BidaskClub reporting its target price, a total of 35 firms have issued a research note on the company. The average stock price target is $47.34 with 15 firms rating the stock a strong buy, 20 firms rating the stock a buy, four analysts rating the company a hold, one analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.

More About Halliburton Company (NYSE:HAL)

Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field. It operates through two segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift and completion services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation and wellbore placement solutions that enable customers to model, measure, drill and optimize their well construction activities. It serves national and independent oil and natural gas companies. As of December 31, 2016, it had conducted business in approximately 70 countries around the world.

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