Positive Report for Halliburton (HAL) from Evercore ISI
Halliburton received a Buy rating and a $42.00 price target from Evercore ISI analyst Stephen Richardson on March 20. The company’s shares closed last Friday at $36.53.
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Richardson covers the Energy sector, focusing on stocks such as BP, Halliburton, and Phillips 66. According to TipRanks, Richardson has an average return of 11.7% and a 64.17% success rate on recommended stocks.
In addition to Evercore ISI, Halliburton also received a Buy from TipRanks – xAI’s xAi Oil and Gas Equipment and Services in a report issued on March 21. However, on the same day, TipRanks – OpenAI reiterated 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 58 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.
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