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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100