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Stifel Nicolaus Keeps Their Buy Rating on Halliburton (HAL)

Tipranks - Thu Jul 23, 5:58AM CDT

Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Halliburton today and set a price target of $43.00.

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Gengaro covers the Energy sector, focusing on stocks such as Patterson-UTI, Schlumberger, and Cactus. According to TipRanks, Gengaro has an average return of 19.5% and a 54.91% success rate on recommended stocks.

In addition to Stifel Nicolaus, Halliburton also received a Buy from Morgan Stanley’s Joe Laetsch in a report issued today. However, on July 8, Wolfe Research initiated coverage with a Hold rating on Halliburton (NYSE: HAL).

Based on Halliburton’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $5.71 billion and a net profit of $534 million. In comparison, last year the company earned a revenue of $5.51 billion and had a net profit of $472 million

Based on the recent corporate insider activity of 62 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 May 2026, Tobi M. Young, a Director at HAL sold 6,125.00 shares for a total of $255,535.00.

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