Oppenheimer analyst James Schumm was out pounding the table on Halliburton Company (NYSE:HAL), reiterating an Outperform rating and price target of $61, which implies an upside of 27.5% from current levels.

Schumm wrote, “Halliburton remains our top pick as we believe: 1) current North American financial results are not reflective of the company’s earnings power; 2) the Street is too negative on the international profitability outlook; 3) there is upside to stated cost synergies related to the BHI merger; and 4) the company is getting stronger with gains in market share and ~$2B of FCF in 2015. With the stock up 22% YTD (vs. +2% for the S&P 500 and +1% for the OSX), we recommend adding to positions on weakness. We raise our EPS estimates modestly and maintain our Outperform rating on the stock.”

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst James Schumm has a total average return of 12.7% and a 90.0% success rate. Schumm has a 17.5% average return when recommending HAL, and is ranked #1307 out of 3575 analysts.