Morgan Stanley Maintains Overweight on Baker Hughes, Lowers Price Target to $68
Morgan Stanley analyst Joe Laetsch maintains Baker Hughes (NASDAQ:BKR) with a Overweight and lowers the price target from $70 to $68.
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Why It Matters
A big bank analyst still likes Baker Hughes but thinks it's worth slightly less money now. This means the company is probably fine, but maybe growing slower than before.
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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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.