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Enter Symbol:
Rating: HAL
Outperform $40
down 30.00 %

Halliburton Company (NYSE: HAL) reiterated to Outperform with price target $40 by Oppenheimer

Tuesday,  Jan 26, 2016  10:25 AM ET by Kristen Bailey

The Oppenheimer advised against investing in this stock and the price has fallen for a loss. The price fell from $41.54 on 03/12/2015 to $29.00 on 01/26/2016. Oppenheimer reiterated Halliburton
Company (NYSE: HAL) to Outperform with price target $40 with today's price of $29.00. Oppenheimer rated Halliburton Company (NYSE: HAL) to Outperform with price target $60 on 03/12/2015, when the price was $41.54. Halliburton Company's stock price lost 30% since then.
By following the previous Oppenheimer's recommendation on HAL, you would have lost 30% in 320 days.

Halliburton Company provides a variety of services, equipment, maintenance, and engineering and construction to energy, industrial and governmental customers. The company is made up of the following three business segments: Energy Services Group, Engineering and Construction Group, and Dresser Equipment Group.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.

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