B of A Securities Maintains Buy on Baker Hughes, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Saurabh Pant maintains a Buy rating on Baker Hughes (NASDAQ:BKR) but lowers the price target from $40 to $38.
July 15, 2024 | 4:25 pm
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B of A Securities analyst Saurabh Pant maintains a Buy rating on Baker Hughes but lowers the price target from $40 to $38.
The maintained Buy rating suggests continued confidence in Baker Hughes' performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100