SLB upgraded, HAL downgraded by Evercore ISI on reduced risk profile and North America exposure concerns.

Thursday, Jan 8, 2026 10:30 am ET1min read
HAL--
SLB--

SLB is upgraded to Outperform with a $54 price target, while Halliburton is downgraded to In-Line with a $35 PT, both by Evercore ISI. The upgrade for SLB is due to its reduced risk profile, while Halliburton's downgrade is attributed to its exposure to North America. Despite this, both stocks fell.

SLB upgraded, HAL downgraded by Evercore ISI on reduced risk profile and North America exposure concerns.

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