RBC Capital Reiterates Outperform on Baker Hughes, Maintains $39 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey reiterated an Outperform rating on Baker Hughes (NASDAQ:BKR) and maintained a $39 price target. This reaffirms the firm's positive outlook on the company's stock.
February 01, 2024 | 3:32 pm
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RBC Capital analyst Keith Mackey reiterated an Outperform rating on Baker Hughes and maintained a $39 price target, indicating a positive outlook on the stock.
The reiteration of an Outperform rating and the maintenance of a $39 price target by a reputable analyst like Keith Mackey suggests a strong belief in the company's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100