Analyst Expectations for Baker Hughes's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, Baker Hughes (NASDAQ:BKR) received mostly bullish ratings from analysts. The company's average price target has increased by 6.64% from the previous average, now standing at $39.17. The high price target is $47.00 and the low is $31.00.
September 11, 2023 | 2:01 pm
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POSITIVE IMPACT
Baker Hughes received mostly bullish ratings from analysts, with an increased average price target. This could potentially boost investor confidence.
Analyst ratings are a significant factor that investors consider when making investment decisions. The bullish ratings and increased price target for Baker Hughes indicate a positive outlook for the company, which could potentially lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100