BofA raised the firm’s price target on Baker Hughes (BKR) to $65 from $55 and keeps a Buy rating on the shares. After Q4 earnings, the firm lifts its 2026 and 2027 EBITDA estimates by 2% and 4%, respectively.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKR:
- Baker Hughes price target raised to $67 from $59 at Jefferies
- Baker Hughes reports U.S. rig count up 2 to 546 rigs
- Baker Hughes secures multiple orders to advance WVR ammonia fertilizer project
- Baker Hughes, Hydrostor deepen collaboration to advance power systems
- Baker Hughes: Raised Target and Buy Rating on Stronger-Than-Feared Outlook, 2026 Order Strength, and Chart Acquisition Upside