(Reuters) -Oilfield services company Halliburton forecast a sharp decline in full-year revenue on Tuesday after posting a 33% fall in profit for the second quarter due to softer-than-expected demand.

Activity levels remain resilient internationally, helping to offset weakness in the North American land market. Halliburton is also aggressively cutting costs at the moment in support of profitability ...

I rate Halliburton as a Hold with a $21 price target based on a 2025 adjusted EPS of $2.33, reflecting bearish oil price outlook. Economic uncertainty, potential U.S. recession, and OPEC+ production ...