Morgan Stanley Maintains Overweight on Baker Hughes, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has maintained an Overweight rating on Baker Hughes (NASDAQ:BKR) and raised the price target from $37 to $40.
October 17, 2023 | 2:02 pm
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Morgan Stanley has maintained an Overweight rating on Baker Hughes and raised the price target from $37 to $40, which could positively impact the stock.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for Baker Hughes. The increase in price target from $37 to $40 suggests that the analyst sees potential for the stock's price to rise, which could lead to a positive impact on the stock in the short term.
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IMPORTANCE 80
RELEVANCE 100