The Latest Analyst Ratings For Baker Hughes
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Baker Hughes (NASDAQ:BKR), with a mix of bullish and bearish sentiments. The average 12-month price target has increased by 4.57% to $43.21. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting dynamic market conditions. Baker Hughes shows strong revenue growth and net margin but faces challenges with return on equity.
October 03, 2024 | 2:00 pm
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POSITIVE IMPACT
Baker Hughes has received mixed analyst ratings, with a recent increase in the average 12-month price target to $43.21, indicating a positive outlook. The company shows strong revenue growth and net margin but faces challenges with return on equity.
The increase in the average price target and the majority of analysts raising their ratings suggest a positive short-term outlook for Baker Hughes. The company's strong revenue growth and net margin further support this positive sentiment, despite challenges in ROE.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100