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Wall Street Analysts Are Bullish on Top Energy Picks

Tipranks - Tipranks - Thu Jun 4, 7:24PM CDT

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

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Halliburton (HAL)

Goldman Sachs analyst Neil Mehta maintained a Buy rating on Halliburton yesterday and set a price target of $44.00. The company’s shares closed last Wednesday at $41.03, close to its 52-week high of $41.56.

According to TipRanks.com, Mehta is a 5-star analyst with an average return of 11.7% and a 62.2% success rate. Mehta covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Occidental Petroleum, and Par Pacific Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Halliburton with a $44.81 average price target, representing an 11.7% upside. In a report issued on May 20, TipRanks – PerPlexity also upgraded the stock to Buy with a $48.00 price target.

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Expro Group Holdings (XPRO)

In a report released yesterday, Atidrip Modak from Goldman Sachs upgraded Expro Group Holdings to Buy, with a price target of $19.00. The company’s shares closed last Wednesday at $15.30.

According to TipRanks.com, Modak is a 4-star analyst with an average return of 22.6% and a 49.2% success rate. Modak covers the NA sector, focusing on stocks such as Weatherford International, Atlas Energy Solutions, and Helmerich & Payne. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Expro Group Holdings with a $18.50 average price target.

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