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Why Halliburton Rallied Today

TheMotleyFool 
0 0 21.01.26
Why Halliburton Rallied TodayPhoto, wide shot, wide-angle lens, Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
 

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.

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Source Fool.com

Halliburton Co. Stock

€29.75
4.350%
A very strong showing by Halliburton Co. today, with an increase of €1.24 (4.350%) compared to yesterday's price.
The stock is one of the favorites of our community with 58 Buy predictions and 1 Sell predictions.
With a target price of 35 € there is a slightly positive potential of 17.65% for Halliburton Co. compared to the current price of 29.75 €.
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