UBS Maintains Neutral on Baker Hughes, Raises Price Target to $31
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Josh Silverstein maintains a Neutral rating on Baker Hughes (NASDAQ:BKR) and raises the price target from $30 to $31.
July 03, 2023 | 1:15 pm
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UBS maintains a Neutral rating on Baker Hughes and raises the price target from $30 to $31, indicating a potential upside.
The raised price target by UBS indicates a potential upside for Baker Hughes. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months, which means the impact on the stock price might not be immediate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100