Baker Hughes (BHI) Shares Catch a Bid as Bernstein Upgrades After-Hours

September 30, 2009 5:03 PM EDT

Shares of Baker Hughes (NYSE: BHI) have popped modestly in the after-hours session following a late-day analyst upgrade. After closing at $42.66, the stock most recently traded at $42.83, with an ask price now around $43.50.

Sanford Bernstein raised its investment rating on the stock from Market Perform to Outperform.

Click here to see all the market-moving upgrades/downgrades on shares of Baker Hughes.

Baker Hughes Incorporated supplies wellbore related products and technology services, and systems for drilling, formation evaluation, completion and production, and reservoir technology and consulting to the oil and natural gas industry worldwide.


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