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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Halliburton reported Q2 revenue of $5.71 billion, surpassing the expected $5.51 billion, with an adjusted EPS of $0.55 that beat consensus. Despite the earnings beat, the stock fell 6% as management warned of a softer market and noted that Middle East geopolitical risks have impacted business operations. Meanwhile, BMO Capital analysts set a price target of $37.00 for the stock, suggesting a potential 11.38% upside.