B of A Securities Reinstates Buy on Baker Hughes, Maintains $38 Price Target
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Chase Mulvehill has reinstated Baker Hughes (NASDAQ:BKR) with a Buy rating and maintained a $38 price target.
July 12, 2023 | 2:15 pm
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Baker Hughes (NASDAQ:BKR) has been reinstated with a Buy rating by B of A Securities, with a maintained price target of $38.
The reinstatement of the Buy rating and the maintenance of the $38 price target by B of A Securities indicates a positive outlook for Baker Hughes. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100