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

Rating:
Overweight
BHI
down 38.01 %

Baker Hughes Incorporated (BHI) rated Overweight with price target $110 by Lehman Brothers

Posted on: Tuesday,  May 20, 2008  8:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Baker Hughes Incorporated (NYSE: BHI) on 05/20/2008, when the stock price was $86.72. Since
then, Baker Hughes Incorporated has lost 38.02% as of 10/22/2015's recent price of $53.75.
If you would have followed this Lehman Brothers's recommendation on BHI, you would have lost 38.01% of your investment in 2711 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).

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/20/2008 8:25 AM Buy
None
86.72 110.00
as of 12/24/2008
1 Week up  6.67 %
1 Month up  5.94 %
3 Months up  10.15 %
1 YTD down  -59.10 %

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