UBS Maintains Neutral on Baker Hughes, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Neutral rating on Baker Hughes (NASDAQ:BKR) and raises the price target from $40 to $42.

August 20, 2024 | 12:23 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
UBS analyst Josh Silverstein maintains a Neutral rating on Baker Hughes but raises the price target from $40 to $42, indicating a slight positive outlook.
The increase in the price target from $40 to $42 suggests a slightly more positive outlook on Baker Hughes' stock, despite the Neutral rating. This could lead to a minor positive impact on the stock price as investors may perceive the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100