Barclays raised the firm’s price target on Baker Hughes (BKR) to $57 from $55 and keeps an Overweight rating on the shares. The company posted another strong quarter with orders exceeding expectations, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKR:
- Baker Hughes: Sustained EBITDA Outperformance, IET-Led Growth, and Cash Generation Drive Upgraded $64 Target
- Baker Hughes Delivers Record 2025 Profitability and Orders
- Baker Hughes sees FY26 adjusted EBITDA up mid-single digits
- Baker Hughes reports Q4 adjusted EPS 78c, consensus 67c
- Baker Hughes reports U.S. rig count up 1 to 544 rigs
