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Morgan Stanley Reinstates Overweight on Baker Hughes, Announces $70 Price Target

Aug 7, 2026 · 07:40 AM ET· updated 2h ago

Morgan Stanley analyst Joe Laetsch reinstates Baker Hughes (NASDAQ:BKR) with a Overweight and announces $70 price target.

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Why It Matters

A big investment company's expert said Baker Hughes is a good company to own and could be worth $70 per share. When smart analysts believe in a company, it can be a clue that people think the business is doing well.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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