HSBC Maintains Buy on Baker Hughes, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Abhishek Kumar maintains a Buy rating on Baker Hughes (NASDAQ:BKR) and raises the price target from $40 to $43.
July 21, 2023 | 10:44 am
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POSITIVE IMPACT
HSBC maintains a Buy rating on Baker Hughes and raises the price target from $40 to $43, indicating positive sentiment towards the stock.
The raised price target by HSBC indicates a positive outlook for Baker Hughes. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100