Wells Fargo Maintains Equal-Weight on Baker Hughes, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Baker Hughes (NASDAQ:BKR) and lowered the price target from $37 to $36.
October 03, 2023 | 12:33 pm
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Wells Fargo has maintained an Equal-Weight rating on Baker Hughes and lowered the price target from $37 to $36.
The news is directly related to Baker Hughes. The lowering of the price target by Wells Fargo could indicate a less optimistic outlook for the company, which may affect investor sentiment. However, the maintenance of the Equal-Weight rating suggests that the overall view of the company remains balanced.
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