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Baker Hughes price target raised to $58 from $57 at Stifel

Stifel analyst Stephen Gengaro raised the firm’s price target on Baker Hughes (BKR) to $58 from $57 and keeps a Buy rating on the shares. The firm is tweaking its estimates following a “strong” Q4 beat and modestly better-than-anticipated Q1 and full-year 2026 guidance, the analyst tells investors in a post-earnings note.

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