Stifel Reiterates Buy Rating on Baker Hughes (BKR)

Stifel analyst Chris O\'Cull reiterated a Buy rating and $35.00 price target on Baker Hughes (NASDAQ: BKR).

The analyst commented, “The IET segment and its robust backlog provide stability, and its oil service business is both geographically diverse and largely excludes commoditized U.S. services.”

For an analyst ratings summary and ratings history on Baker Hughes click here. For more ratings news on Baker Hughes click here.

Shares of Baker Hughes closed at $35.00 yesterday.

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