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Fly News Breaks for December 11, 2019
BKR
Dec 11, 2019 | 16:10 EDT
Stephens analyst Tommy Moll initiated coverage of Baker Hughes with an Overweight rating and $28 price target, calling it "not only the most compelling large cap in oilfield services and equipment, but also an underappreciated industrial investment." He expects Baker Hughes shares to continue outperforming as margins expand based on its "self-help" initiatives, Moll added.
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