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Summit Financial LLC bought $213,000 in Baker Hughes stock as the company beat earnings forecasts.
Institutional investor Summit Financial LLC bought $213,000 worth of Baker Hughes stock, while Orion Portfolio Solutions LLC reduced its holdings by 2.1%.
Baker Hughes reported earnings of $0.70 per share, beating forecasts by $0.07.
Analysts predict a "Moderate Buy" rating with a target price of $51.00 and expect the company to post earnings of $2.59 per share this year.
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Summit Financial LLC compró $213.000 en acciones de Baker Hughes a medida que la compañía superaba los pronósticos de ganancias.