Halliburton hits two-year high as J.P. Morgan sees little Q1 earnings impact from Iran war

What: Halliburton has reached a two-year high after J.P. Morgan predicted minimal Q1 earnings impact from the Iran war.
Why: The analyst firm believes the war will not significantly affect the company's earnings due to its diversified business model.
Signal: Halliburton's stock price has increased by 15% since the start of the year.
Target: J.P. Morgan has set a $65 price target for Halliburton's stock, indicating a potential for further growth.
Risk: The Iran war still poses a significant risk to global oil prices and could impact Halliburton's earnings if the conflict escalates.