By: Benzinga
UPDATE: J.P. Morgan Reiterates Neutral Rating, Raises PT on Halliburton Company
In a report published Monday, J.P. Morgan reiterated its Neutral rating on Halliburton Company (NYSE: HAL ), and raised its price target from $42.00 to $45.00. J.P. Morgan noted, “Halliburton reported $0.63 EPS vs. JPM/cons $0.60/$0.61 but was closer to $0.66 when excluding higher taxes (34% vs. our 31% target)
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