Baker Hughes (BKR) PT Lowered to $50 at Piper Sandler
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This oil stock offers 'opportunity for patient money': RBC
April 25, 2025 3:00 PM EDTBaker Hughes Company (NASDAQ: BKR) presents an attractive entry point for long-term investors, according to RBC Capital, despite the uncertainty surrounding tariffs and commodity markets.
While the companys 1Q25 results exceeded expectations, the outlook for the full year has been impacted by macroeconomic challenges.
The bank explained that BKRs first-quarter adjusted EBITDA of $1.037 billion marked a 10% year-over-year increase and was 2%... More
