UBS analyst Josh Silverstein raised the firm’s price target on Baker Hughes (BKR) to $48 from $46 and keeps a Neutral rating on the shares ahead of the Q3 earnings report. The firm sees the least downside to estimates at Baker Hughes of the Big 3 Service providers, and sees Baker reporting its 11th consecutive EBITDA guidance midpoint beat, the analyst tells investors in a research note. UBS continues to view the acquisition of Chart Industries (GTLS) positively.
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