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Baker Hughes Incorporated (BHI) [hlAlert]

Rating:
Strong Buy
BHI
down 14.79 %

Baker Hughes Incorporated (BHI) rated Strong Buy by Raymond James

Posted on: Monday,  Feb 24, 2014  8:25 AM ET by Raymond James

Raymond James rated Strong Buy Baker Hughes Incorporated (NYSE: BHI) on 02/24/2014, when the stock price was $63.08.
Since then, Baker Hughes Incorporated has lost 14.79% as of 10/22/2015's recent price of $53.75.
If you would have followed this Raymond James's recommendation on BHI, you would have lost 14.79% of your investment in 605 days.

Baker Hughes Incorporated (Baker Hughes) is engaged in the oilfield services industry. The Company is a supplier of wellbore related products and technology services, including products and services for drilling, formation evaluation, completion and production and reservoir technology and consulting to the worldwide oil and natural gas industry. The Company operates through two segments: the Drilling and Evaluation segment, and the Completion and Production segment. In April 2008, the Company acquired two reservoir consulting firms, Gaffney, Cline & Associates (GCA) and GeoMechanics International (GMI).

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/24/2014 8:25 AM Buy
None
63.08
as of 10/17/2014
1 Week down  -6.26 %
1 Month down  -21.39 %
3 Months down  -26.75 %
1 YTD down  -15.77 %

(*) Stock Price at the time of the recommendation.
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