Despite a recent sector sell-off in oil and gas, a Morgan Stanley analyst cites a "consistent execution on spending" and strong excess cash flow usage "towards capital returns and debt reduction" as reasons to remain favorable.
Off the cusp of several challenging years, Halliburton Company (NYSE: HAL) has a more straightforward path to better returns and dividend growth, Goldman Sachs said in a stock upgrade.
In recent months, there was a release of pent-up demand by consumers, fueling a rapid recovery.
As this euphoria fades, defensive stocks will outperform relative to the broader market, according to Morgan Stanley.
Analyst Michael Wilson named five reasons why he believes defensive stocks are a smart move for investors.
Following the company’s second-quarter earnings call, Bank of America maintained its bullish stance on Halliburton Company (NYSE: HAL).
The Halliburton Analyst: Chase Mulvehill maintained a Buy rating on Halliburton with a $33 price target.
Four large-cap banks reported earnings as of last Thursday, giving financial services investors an insight into newly prevalent trends that should affect individual firms and the industry as a whole in the second half of 2021.
The automotive industry has been surprisingly resilient despite facing over a year's worth of roadblocks, most recently the global semiconductor shortage, which has impaired supply chains, BofA Securities analyst John Murphy said in a Friday note.