Citigroup Maintains Buy on Baker Hughes, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Buy rating on Baker Hughes (NASDAQ:BKR) and raises the price target from $40 to $42.
July 25, 2023 | 2:28 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Baker Hughes and raises the price target from $40 to $42, which could lead to a positive impact on the stock.
The raised price target by Citigroup 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