Baker Hughes, a GE company Announces Secondary Offering of 105 Million Shares of Class A Common Stock and Share Repurchase

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Go back to Baker Hughes, a GE company Announces Secondary Offering of 105 Million Shares of Class A Common Stock and Share Repurchase

Stifel Reiterates Buy Rating on Baker Hughes, GE Company (BHGE) Following Announced Offering

September 11, 2019 6:59 AM EDT

Stifel analyst Stephen Gengaro reiterated a Buy rating and $34.00 price target on Baker Hughes, GE Company (NYSE: BHGE) following the company's announced a 105 million share offering for GE as well as the repurchase of $250 million Class B shares from GE. Gengaro believes... More