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

Mkt Perform

Baker Hughes Incorporated (BHI) rated Mkt Perform with price target $87 by Friedman Billings

Posted on: Monday,  Apr 28, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Mkt Perform Baker Hughes Incorporated (NYSE: BHI) on 04/28/2008. Previously Friedman Billings rated Buy Baker Hughes Incorporated (NYSE: BHI)
on 07/30/2007., when the stock price was $79.50. Since then, Baker Hughes Incorporated has gained 13.76% as of 10/29/2007's recent price of $90.44.
If you would have followed the previous Friedman Billings's recommendation on BHI, you would have gained 13.76% of your investment in 91 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).

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2008 8:25 AM Hold
82.35 87.00
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2008 8:25 AM Hold
65.25 82.00
10/29/2007 9:25 AM Hold
90.44 96.00
7/30/2007 9:25 AM Buy
79.50 96.00

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