Pritchard Capital is out with a research report on Halliburton Company HAL and is raising its price target to $75 on better than expected earnings.
In a note to clients, Pritchard Capital writes, "New eps estimates $3.35/$4.58 for 2011/2012 up from $3.16/$4.24.
U.S. land market remains stout."
Shares of HAL gained 4 cents yesterday to close at $53.12.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsEnergyOil & Gas Equipment & ServicesPritchard Capital
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