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Baker Hughes Incorporated (BHI) [hlAlert]

Rating:
Buy BHI
down 16.83 %

Baker Hughes Incorporated (BHI) rated Buy with price target $89 by Deutsche Securities

Posted on: Tuesday,  Feb 12, 2008  12:25 PM ET by Deutsche Securities

Deutsche Securities rated Buy Baker Hughes Incorporated (NYSE: BHI) on 02/12/2008, when the stock price was $64.63. Since
then, Baker Hughes Incorporated has lost 16.83% as of 10/22/2015's recent price of $53.75.
If you would have followed this Deutsche Securities's recommendation on BHI, you would have lost 16.83% of your investment in 2809 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).

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2008 12:25 PM Buy
None
64.63 89.00
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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