Morgan Stanley Remains a Buy on Halliburton (HAL)

In a report released today, Joe Laetsch from Morgan Stanley maintained a Buy rating on Halliburton, with a price target of $40.00.

Claim 30% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Laetsch covers the Energy sector, focusing on stocks such as Patterson-UTI, Liberty Energy, and NOV. According to TipRanks, Laetsch has an average return of 3.4% and a 62.37% success rate on recommended stocks.

In addition to Morgan Stanley, Halliburton also received a Buy from RBC Capital’s Keith Mackey in a report issued yesterday. However, today, Piper Sandler maintained a Hold rating on Halliburton (NYSE: HAL).

Based on Halliburton’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.66 billion and a net profit of $589 million. In comparison, last year the company earned a revenue of $5.61 billion and had a net profit of $615 million

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HAL in relation to earlier this year. Most recently, in January 2026, Margaret Katherine Banks, a Director at HAL sold 2,600.00 shares for a total of $88,842.00.