Baker Hughes (BHI -1.9%) is downgraded to Neutral from Buy at Sterne Agee, on concerns about...

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

Baker Hughes (BHI -1.9%) is downgraded to Neutral from Buy at Sterne Agee, on concerns about profitability in Latin America, uncertain profit margins in the U.S. and Canada, a cloudy outlook in the Eastern Hemisphere, and better risk-reward among rival companies. Also, RBC cuts shares to Sector Perform, forecasting BHI's top line up ~7% in 2013 vs. peer average estimates of 12% growth.