S&P Capital IQ Reiterates BUY Rating on Halliburton Company

October 18 00:00 2011

NEW YORK, October 18 (RainbowNewsLine.com) – Analyst Stewart Glickman of S&P Capital IQ reiterates his BUY rating on the shares of Halliburton Company (NYSE: HAL).

Analyst Stewart Glickman, in a research note published yesterday mentions that the company reported its Q3 EPS ahead if the estimates and the consensus, driven by solid North American activity in completion & production service lines and strong drilling activities in Latin America. Despite the delayed projects weighing on Middle East, the overall international margins increased and resulted in a stronger quarter for the company. The analyst is interested in the commentary during the conference call on the timing and pricing traction in international markets.