Analyst Raises Halliburton (HAL) Price Target to $36

Halliburton Company (NYSE:HAL) is included among the 10 High Yield Crude Oil Stocks to Buy After Trump’s Blitz in Venezuela.

Analyst Raises Halliburton (HAL) Price Target to $36

Halliburton Company is one of the largest providers of products and services to the energy industry in the world.

On January 7, Susquehanna raised its price target on Halliburton Company from $29 to $36, while maintaining a ‘Positive’ rating on the shares. The revised target indicates an upside of over 10% from current levels. The analyst believes that the US drilling and completions activity ‘appears to have held in better than most were expecting’, since the country’s rig and frac spread count remained flattish from Q3 levels as we enter the Q4 earnings season.

Halliburton Company has surged by over 15% since the beginning of 2026, as the market weighs the potential impact of the US action in Venezuela. While the situation remains unclear for now, investors believe that reviving the South American country’s crumbling oil infrastructure would require exactly what companies like Halliburton Company provide: rigs, crews, and equipment to drill and complete wells.

Moreover, just before Maduro’s arrest, Halliburton Company had filed an international arbitration case against Venezuela over hundreds of millions in broken contracts and accounts receivable, after it had to leave the country entirely in 2020 due to sanctions. So the company could expect some compensation if the Trump administration manages to replace the Maduro regime with a more US-friendly administration.

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