Halliburton Reaches 2-Year High as J.P. Morgan Sees Minimal Q1 Earnings Impact from Iran War

Saturday, Mar 28, 2026 3:15 pm ET1min read
HAL--

Halliburton has reached a two-year high after J.P. Morgan reiterated its "Overweight" rating and raised the price target to $40 from $35. The bank expects Q1 earnings to remain in line with estimates despite the Middle East conflict. The stock has increased 3.7% to $40.36, its highest level in nearly two years.

Halliburton Reaches 2-Year High as J.P. Morgan Sees Minimal Q1 Earnings Impact from Iran War

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