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Enter Symbol:
 
Baker Hughes Incorporated (BHI) [hlAlert]

Rating:
Market Perform
BHI
up 25.65 %

Baker Hughes Incorporated (BHI) downgraded to Market Perform with price target $81 by Cowen

Posted on: Thursday,  Jul 17, 2014  12:00 AM ET by Cowen

Cowen rated Market Perform Baker Hughes Incorporated (NYSE: BHI) on 07/17/2014. Previously Cowen rated Outperform Baker Hughes Incorporated (NYSE: BHI) on
10/22/2013., when the stock price was $57.73. Since then, Baker Hughes Incorporated has gained 25.65% as of 07/17/2014's recent price of $72.54.
If you would have followed the previous Cowen's recommendation on BHI, you would have gained 25.65% of your investment in 268 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).

Cowen
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2014 12:00 AM Hold
None
72.54 81.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD up  31.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2013 9:25 AM Buy
None
57.73 70.00
10/9/2013 8:25 AM Buy
None
48.75 53.00
7/23/2013 8:25 AM Buy
None
48.00 57.00

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