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Analysts Are Bullish on These Energy Stocks: Halliburton (HAL), EQT (EQT)

Tipranks - Tipranks - Wed Apr 22, 3:54PM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Halliburton (HAL) and EQT (EQT) with bullish sentiments.

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Halliburton (HAL)

TD Cowen analyst Marc Bianchi assigned a Buy rating to Halliburton today and set a price target of $48.00. The company’s shares closed last Tuesday at $38.15.

According to TipRanks.com, Bianchi is a 4-star analyst with an average return of 6.3% and a 49.6% success rate. Bianchi covers the NA sector, focusing on stocks such as Oceaneering International, Baker Hughes Company, and Helmerich & Payne. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Halliburton with a $40.86 average price target, a 7.4% upside from current levels. In a report issued on April 6, TipRanks – xAI also upgraded the stock to Buy with a $42.00 price target.

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EQT (EQT)

In a report released yesterday, Bob Brackett from Bernstein maintained a Buy rating on EQT, with a price target of $69.00. The company’s shares closed last Tuesday at $56.98.

According to TipRanks.com, Brackett is a 5-star analyst with an average return of 19.2% and a 61.3% success rate. Brackett covers the NA sector, focusing on stocks such as Conocophillips, Expand Energy, and EOG Resources. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EQT with a $68.02 average price target, which is a 20.0% upside from current levels. In a report issued on April 6, Evercore ISI also maintained a Buy rating on the stock with a $70.00 price target.

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