TD Cowen raised the firm’s price target on Baker Hughes (BKR) to $75 from $64 and keeps a Buy rating on the shares. The firm updated its model and said while 2026 guide now points to slightly below the midpoint due to Middle East disruption, 2Q was guided ahead of consensus and IET orders / outlook were a clear positive.
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Read More on BKR:
- Baker Hughes price target raised to $71 from $68 at RBC Capital
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