Baker Hughes (BHI) has tumbled 10% since yesterday's disappointing forecast, and today Barclays...

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

Baker Hughes (BHI) has tumbled 10% since yesterday's disappointing forecast, and today Barclays analyst James West reduced his EPS estimates on the oilfield equipment company for the second time in three days. While maintaining an Overweight rating on BHI, he now prefers Halliburton (HAL), as it trades at just 8.5x his 2012 estimates, vs. BHI’s 12x.