Baker Hughes (BHI) Posts Smaller-than-Expected Q3 Loss

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UPDATE: Cowen Upgrades Baker Hughes (BHI) to Outperform

October 26, 2016 6:40 AM EDT

(Updated - October 26, 2016 7:53 AM EDT)

Cowen upgraded Baker Hughes (NYSE: BHI) from Market Perform to Outperform with a price target of $65. Analyst Marc Bianchi said evidence the company is able to execute will draw investors.

"We upgrade our rating to... More