Citi analyst Scott Gruber lowered the firm’s price target on Baker Hughes (BKR) to $55 from $56 and keeps a Buy rating on the shares. The firm views the company’s Q3 report as strong but says investors were disappointed since a strategy update was not provided.
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Read More on BKR:
- Baker Hughes price target lowered to $54 from $55 at Evercore ISI
- Baker Hughes price target raised to $57 from $54 at TD Cowen
- Baker Hughes price target raised to $55 from $53 at Barclays
- Baker Hughes price target raised to $52 from $50 at Stifel
- Baker Hughes: Strong Financial Performance and Strategic Initiatives Drive Buy Rating