Price Target Changed: Halliburton (HAL), Valeant (VRX), Yahoo (YHOO), Hertz (HTZ)

Halliburton Company (HAL) was reiterated a ‘Buy’ by KLR Group analysts on Monday. The broker also raised its price target on the stock to $52 from $48.

Shares have traded today between $37.42 and $38.08 with the price of the stock fluctuating between $27.64 to $50.20 over the last 52 weeks.

On valuation metrics, Halliburton shares have a t-12 price/sales ratio of 1.36. EPS for the same period registers at ($0.79).

Shares of Halliburton have gained $0.26 to $37.59 in midday trading on Monday, giving it a market cap of roughly $32.3 billion. The stock traded as high as $50.20 on May 5, 2015.

Valeant Pharmaceuticals Int’l, Inc. (VRX) was reiterated as ‘Buy’ but with a $105 from $118 price target on Monday by Rodman & Renshaw.

On valuation measures, Valeant Pharmaceuticals shares are currently priced at 18.21x this year’s forecasted earnings. Ticker has a PEG and forward P/E ratio of 0.31 and 2.89, respectively. Price/Sales for the same period is 1.16 while EPS is $1.74. Currently there are 7 analysts that rate VRX a ‘Buy’, 10 rate it a ‘Hold’. 3 analysts rate it a ‘Sell’. VRX has a median Wall Street price target of $54.00 with a high target of $133.00.

VRX is lower by nearly 6% to $31.71 in midday trading.

Yahoo! Inc. (YHOO) rating of ‘Hold’ was reiterated today at Pivotal Research Group with a price target increase of $40 from $35 (versus a $36.07 previous close).

Yahoo is up $0.66 at $36.73 in midday trade, moving within a 52-week range of $26.15 to $46.13. The name, valued at $34.78 billion, opened at $36.38.

Hertz Global Holdings, Inc. (HTZ) was reiterated as ‘Buy’ with a price target of $16 from $17 at MKM Partners.

Shares of Hertz are declining by more than 10% to $8.71 in midday trading on Monday, after the car rental company lowered Q1 and FY16 revenue earnings outlook amid weak demand.

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