BMO Lifts Baker Hughes Price Target to $65, Citing Strong IET Quarter and Improved Guidance
BMO Capital Markets has increased its 12-month price objective on Baker Hughes from $55 to $65 while keeping an Outperform rating. The forecast change follows stronger-than-expected fourth-quarter 2025 results from the Industrial & Energy Technology (IET) segment and upgraded guidance for 2026, prompting BMO to raise near- and full-year earnings an…