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

September 18, 2024 | 2:07 pm
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UBS analyst Josh Silverstein has maintained a Neutral rating on Baker Hughes and lowered the price target from $42 to $40, indicating a slightly less optimistic outlook.
The lowering of the price target from $42 to $40 by UBS suggests a slightly less optimistic view on Baker Hughes' short-term performance. This could lead to a minor negative impact on the stock price as investors adjust their expectations.
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