RBC Capital Maintains Outperform on Baker Hughes, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey maintains an Outperform rating on Baker Hughes (NASDAQ:BKR) and raises the price target from $39 to $43.
July 29, 2024 | 2:12 pm
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RBC Capital has maintained its Outperform rating on Baker Hughes and increased the price target from $39 to $43, indicating confidence in the company's future performance.
The increase in the price target from $39 to $43 by RBC Capital suggests a positive outlook for Baker Hughes. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100