Why Halliburton Rallied Today
Shares of (NYSE: HAL) rallied 4.7% on Wednesday as of 12:48 p.m. EST.
The oilfield services giant delivered a fourth-quarter earnings beat earlier this morning. Yet even though revenue and earnings beat analysts' expectations, the numbers themselves were rather tepid.
Therefore, today's jump could likely be attributed to management's optimistic view of the company's potential in Venezuela, given the leadership changes in that country earlier this month.
Source Fool.com
Halliburton Co. Aktie
28,47 €
-0,64 %
Halliburton Co. als klarer Gewinner: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Ein positives Kurspotenzial für Halliburton Co. ist gegeben, mit einem Kursziel von 30 € über dem aktuellen Kurs von 28.47 €.
