Barclays Maintains Overweight on Baker Hughes, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson maintains an Overweight rating on Baker Hughes (NASDAQ:BKR) but lowers the price target from $43 to $42.

October 18, 2023 | 12:23 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barclays maintains an Overweight rating on Baker Hughes but lowers the price target from $43 to $42.
The news is directly about Baker Hughes (BKR). Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $43 to $42 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100