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ubs raises baker hughes price target amid strong fourth quarter results

UBS has raised its price target for Baker Hughes to $47, maintaining a neutral stance after the company reported strong fourth-quarter results for 2024, with adjusted EPS exceeding expectations. Despite a revenue guidance shortfall for 2025, analysts remain optimistic about margin improvements and operational efficiency, with several firms increasing their price targets, reflecting confidence in Baker Hughes' growth potential in the energy technology sector.
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United States Dollar Baker Hughes Co USA Scott Gruber Josh Silverstein
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17:51 04.02.2025
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