Wells Fargo Maintains Equal-Weight on Baker Hughes, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Equal-Weight rating on Baker Hughes (NASDAQ:BKR) and raises the price target from $35 to $40.
July 29, 2024 | 1:02 pm
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Wells Fargo analyst Roger Read maintains an Equal-Weight rating on Baker Hughes and raises the price target from $35 to $40.
The raised price target from $35 to $40 by a reputable analyst at Wells Fargo is a positive signal for Baker Hughes. Although the rating remains Equal-Weight, the increased price target suggests improved expectations for the company's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100