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

|About: Baker Hughes Inc. (BHI)|By:, SA News Editor

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."