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

down 2.46 %

Baker Hughes Incorporated (BHI) upgraded to Buy with price target $78 by Argus

Posted on: Thursday,  Oct 22, 2015  8:25 AM ET by Argus

Argus rated Buy Baker Hughes Incorporated (NYSE: BHI) on 10/22/2015, when the stock price was $55.11. Since
then, Baker Hughes Incorporated has lost 2.47% as of 10/22/2015's recent price of $53.75.
If you would have followed this Argus's recommendation on BHI, you would have lost 2.46% of your investment in 0 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).

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2015 8:25 AM Buy
55.11 78.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  16.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2014 8:25 AM Hold
1/30/2014 8:25 AM Buy
57.00 68.00
8/1/2013 9:25 AM Hold
4/22/2013 8:25 AM Sell
4/30/2009 8:25 AM Hold
1/16/2009 8:25 AM Buy
32.75 45.00
10/9/2008 9:25 AM Buy
42.38 85.00

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