Jefferies Starts Baker Hughes (BHI) at Buy
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Price: $47.17 +0.21%
Rating Summary:
9 Buy, 17 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
9 Buy, 17 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade BHI Now!
Jefferies initiates coverage on Baker Hughes (NYSE: BHI) with a Buy. PT $65.00.
The firm comments, "BHI has recently rounded out its product offerings with the acquisition of BJ Services and some other smaller acquisitions as well as completed a successful reorganization along geographic markets, which should help facility revenue and margin growth in 2012 and 2013."
For an analyst ratings summary and ratings history on Baker Hughes click here. For more ratings news on Baker Hughes click here.
Shares of Baker Hughes closed at $51.27 yesterday, with a 52 week range of $41.91-$81.00.
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The firm comments, "BHI has recently rounded out its product offerings with the acquisition of BJ Services and some other smaller acquisitions as well as completed a successful reorganization along geographic markets, which should help facility revenue and margin growth in 2012 and 2013."
For an analyst ratings summary and ratings history on Baker Hughes click here. For more ratings news on Baker Hughes click here.
Shares of Baker Hughes closed at $51.27 yesterday, with a 52 week range of $41.91-$81.00.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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