poisar

Stocks · News reference

UBS Maintains Neutral on Baker Hughes, Lowers Price Target to $70

BenzingaBenzinga Newsdesk

UBS analyst Josh Silverstein maintains Baker Hughes (NASDAQ:BKR) with a Neutral and lowers the price target from $71 to $70.

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Zacks Investment ResearchNa

    NeoVolta, Inc. (NEOV) Reports Q4 Loss, Lags Revenue Estimates

    NeoVolta (NEOV) reported a quarterly loss of $0.24 per share, significantly worse than the consensus estimate of $0.10 loss, representing a -140% earnings surprise. The company's revenues collapsed to $0.01 million from $4.75 million year-over-year, missing estimates by 99.03%. Despite the poor results, the stock maintains a Zacks Rank #2 (Buy) based on favorable estimate revisions ahead of the earnings release. The company has underperformed the S&P 500 year-to-date, gaining 10.5% versus the market's 13.4%.

  2. Zacks Investment ResearchNa

    Can ExxonMobil Turn Carbon Capture Into a Major Growth Market?

    ExxonMobil is building a comprehensive carbon capture and storage (CCS) business on the U.S. Gulf Coast, with infrastructure capable of handling up to 100 million metric tons of CO2 annually. The company has secured agreements for 9 million metric tons annually and received Texas approval for its Rose project to store 53 million metric tons. Other energy majors like Occidental Petroleum and Baker Hughes are also advancing carbon capture initiatives.

  3. Zacks Investment ResearchNa

    WTI Crude Hovers Around $100: Are Oilfield Stocks a Smart Bet Now?

    With WTI crude hovering near $100 per barrel due to Middle East tensions, oilfield service companies are positioned to benefit from increased exploration and production activities. Baker Hughes and Oceaneering International are highlighted as potential beneficiaries, supported by strong subsea orders, improving regional activity, and longer contract durations.