Benchmark Reiterates Buy on Baker Hughes, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Kurt Hallead has reiterated a Buy rating on Baker Hughes (NASDAQ:BKR) and maintained a $42 price target.
October 24, 2024 | 2:20 pm
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Benchmark analyst Kurt Hallead has reiterated a Buy rating on Baker Hughes and maintained a $42 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $42 price target by a reputable analyst suggests a positive outlook for Baker Hughes. This can lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100