Susquehanna Increases Halliburton Price Target to $45.00

Brokerage firm raises outlook for oilfield services company

Apr. 7, 2026 at 1:57pm

An extreme close-up of complex, industrial oil and gas machinery in shades of steel, copper, and black, conceptually representing the financial security and infrastructure of the energy industry.An increased price target for Halliburton signals confidence in the oilfield services company's ability to navigate industry challenges.NYC Today

Susquehanna, a financial services firm, has increased its price target for Halliburton (NYSE: HAL) from $40.00 to $45.00 and maintained a 'positive' rating on the stock. This suggests the firm sees potential upside of nearly 19% from the stock's previous closing price.

Why it matters

Halliburton is a major oilfield services provider, so an increased price target from a prominent brokerage firm signals optimism about the company's future performance and the overall outlook for the energy industry.

The details

In its research note, Susquehanna cited Halliburton's strong market position and growth potential as reasons for the higher price target. Several other firms have also recently raised their price targets and ratings on Halliburton's stock, indicating broader confidence in the company.

  • Susquehanna issued the updated research note on Tuesday, April 7, 2026.

The players

Susquehanna

A financial services firm that provides equity research and investment banking services.

Halliburton

A leading global provider of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs.

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The takeaway

This price target increase from Susquehanna reflects growing optimism about Halliburton's prospects, as the company continues to navigate a challenging energy market environment. The positive outlook suggests the firm believes Halliburton is well-positioned to capitalize on future industry opportunities.