Halliburton's Margin Story Shifts From Fracking Recovery to Cost Cuts and Venezuela
TD Cowen raised its price target on the oilfield services firm as analysts point to structural savings rather than a North American drilling rebound.
TD Cowen raised its Halliburton price target on an improved growth outlook, while separate analysis says cost cuts and Venezuela re-entry could drive half of the company's margin expansion in 2027.
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