Morgan Stanley Maintains Overweight on Baker Hughes, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh maintains an Overweight rating on Baker Hughes and raises the price target from $42 to $45.
October 03, 2024 | 12:36 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its Overweight rating on Baker Hughes and increased the price target from $42 to $45, indicating a positive outlook.
The increase in price target from $42 to $45 by Morgan Stanley suggests a positive outlook for Baker Hughes, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100