Baker Hughes (BKR) PT Lowered to $37 at Wolfe Research
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Price: $64.90 --0%
Rating Summary:
24 Buy, 10 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 6 | Down: 11 | New: 25
Rating Summary:
24 Buy, 10 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 6 | Down: 11 | New: 25
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Wolfe Research analyst Sam Margolin lowered the price target on Baker Hughes (NASDAQ: BKR) to $37.00 (from $41.00) while maintaining an Outperform rating following EPS.
The analyst commented, "BKR reported EPS in line with cons, and shares are outperforming peers intraday. We think TPS book/bill remains the critical KPI, particularly in the context of potential L48 deceleration (bigger issue for peers)."
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