Argus Upgrades Baker Hughes (BHI) to Buy
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
Rating Summary:
15 Buy, 20 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 13 | New: 23
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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.
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