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Baker Hughes Incorporated (BHI) [hlAlert]

Rating:
Buy BHI
up 51.45 %

Baker Hughes Incorporated (BHI) upgraded to Buy with price target $54 by Sterne Agee

Posted on: Tuesday,  Sep 1, 2009  10:25 AM ET by Sterne Agee

Sterne Agee rated Buy Baker Hughes Incorporated (NYSE: BHI) on 09/01/2009, when the stock price was $35.49. Since
then, Baker Hughes Incorporated has gained 51.45% as of 10/22/2015's recent price of $53.75.
If you would have followed this Sterne Agee's recommendation on BHI, you would have gained 51.45% of your investment in 2242 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).

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/1/2009 10:25 AM Buy
None
35.49 54.00
as of 12/31/2009
1 Week up  43.75 %
1 Month up  44.74 %
3 Months up  38.23 %
1 YTD up  66.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2008 8:25 AM Hold
None
30.90 40.00

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