Back to mobile site

Argus Upgrades Baker Hughes (BHI) to Buy

October 22, 2015 8:02 AM EDT
Get Alerts BHI Hot Sheet
Price: $57.68 --0%

Rating Summary:
    15 Buy, 20 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 13 | New: 23
Join SI Premium – FREE

Argus upgraded Baker Hughes (NYSE: BHI) from Hold to Buy with a price target of $78.00.

The firm's upgrade assumes that antitrust concerns related to the planned merger with Halliburton have diminished significantly following the September 28 announcement that the two companies will divest additional assets.

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 $54.41 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Upgrades

Related Entities

Argus, Definitive Agreement