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Jefferies cuts targets for SLB, Halliburton; retail stays bullish
short by / on Monday, 28 July, 2025
Jefferies lowered SLB's price target to $51 and Halliburton's to $30, citing weak oilfield activity in Saudi Arabia and Mexico. Baker Hughes saw a PT hike to $54 on rising power demand. Retail remains bullish on Halliburton, neutral on the others. SLB and HAL stocks are down YTD, while Baker Hughes has gained 10.7%.
read more at Stocktwits