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

Rating:
Neutral BHI

Baker Hughes Incorporated (BHI) rated Neutral by JP Morgan

Posted on: Wednesday,  Jan 2, 2008  10:42 AM ET by JP Morgan

Baker Hughes (BHI)
rated Neutral by JP Morgan.

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).

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/2/2008 10:42 AM Hold
None
80.15
as of 12/24/2008
1 Week up  6.67 %
1 Month up  5.94 %
3 Months up  10.15 %
1 YTD down  -47.85 %

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