Global Hunter Securities cuts Baker Hughes (BHI -4.6% to $45.60) to Neutral from Accumulate and...


Global Hunter Securities cuts Baker Hughes (BHI -4.6% to $45.60) to Neutral from Accumulate and slashes its price target to $40 from $60 following the firm's profit warning. Global Hunter is also unhappy about "the lack of visibility as to when international will rebound and how BHI-specific NAM issues will be resolved."

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  • Epictetus
    , contributor
    Comments (23) | Send Message
     
    Boy this guy is on the ball...got to hand to the him, he certainly has the pulse of the NA drilling market. Value added market call for sure at 52 week lows, keep up the good work!!
    21 Mar 2012, 10:09 AM Reply Like
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