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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Read More on BKR:
- Baker Hughes price target raised to $57 from $55 at Barclays
- Baker Hughes: Sustained EBITDA Outperformance, IET-Led Growth, and Cash Generation Drive Upgraded $64 Target
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- Baker Hughes sees FY26 adjusted EBITDA up mid-single digits
- Baker Hughes reports Q4 adjusted EPS 78c, consensus 67c
