Barclays Maintains Overweight on Baker Hughes, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson maintains an Overweight rating on Baker Hughes and raises the price target from $41 to $46.
October 24, 2024 | 12:40 pm
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Barclays analyst David Anderson has maintained an Overweight rating on Baker Hughes and increased the price target from $41 to $46, indicating a positive outlook for the stock.
The increase in the price target from $41 to $46 by Barclays suggests a positive outlook for Baker Hughes, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100