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Fly News Breaks for November 15, 2019
BKR
Nov 15, 2019 | 09:30 EDT
As reported previously, Susquehanna analyst Charles Minervino upgraded Baker Hughes to Positive from Neutral. The anlayst sees compelling earnings growth through 2021 with double digit annual growth in free cash flow. He notes a strong backlog of work in the long cycle TPS and Oilfield Equipment business. Minervino raised his price target to $27 from $25 on Baker Hughes shares.
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