Halliburton stock hits new 12-month high on NYSE amid analyst upgrades and strong North American out

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Halliburton (NYSE:HAL) stock reached a new 12-month high of $38.58 on the NYSE, driven by analyst upgrades and an improved outlook for North American spending. BMO Capital raised its price target to $42, while Evercore ISI upgraded the stock to Outperform, citing Halliburton’s strong position in U.S. onshore activity and technological leadership. Investors are noting the company’s operational resilience amidst geopolitical tensions and its potential to benefit from rising domestic energy demand.

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