Seeking Alpha

Baker Hughes' (BHI +2.8%) warning of lower Q4 North American revenue and profit margins wasn't...

Baker Hughes' (BHI +2.8%) warning of lower Q4 North American revenue and profit margins wasn't as bad as some had expected, and shares have powered higher after early weakness; peers HAL +3.2% and SLB +1.8% also gain. Analysts are divided on BHI's guidance; Barclays sees the report as a buying opportunity, while other analysts cut their price targets to as low as $40.
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