Citigroup Maintains Buy on Baker Hughes, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber has maintained a Buy rating on Baker Hughes (NASDAQ:BKR) but has reduced the price target from $42 to $41.
January 26, 2024 | 2:56 pm
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Citigroup has maintained a Buy rating on Baker Hughes but lowered the price target from $42 to $41, indicating a slight reduction in expected future stock performance.
The reduction in price target is minor, suggesting that Citigroup's overall outlook on Baker Hughes remains positive. However, the lowered target may slightly temper investor expectations for the stock's growth potential in the short term.
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