Baker Hughes Co., US05722G1004

Baker Hughes Co. stock: Citi cuts target to USD 72 pre-market

Published on 10/20/2026 at 07:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Citi reduced its target to USD 72 from USD 75 while retaining a Buy rating. At Lang & Schwarz the stock trades pre-market at EUR 49.77 on October 20, 2026.

Citi target revision leads

  • On October 19, 2026, Citi lowered its Baker Hughes target to USD 72 from USD 75.
  • The analyst note retained a Buy rating on October 19, 2026.
  • Baker Hughes Co. stock trades pre-market at EUR 49.77 at 7:40 a.m. CEST at Lang & Schwarz on October 20, 2026.
Ball Corp. ISIN US05722G1004 Wertschöpfungskette isometrisch: Bergbau, Schmelze, Dosenfertigung und Distribution klar visualisiert, Illustration mit AI erstellt.

Citi lowered its Baker Hughes target to USD 72 from USD 75 on October 19, 2026, while retaining a Buy rating, according to a Markets Insider report. Baker Hughes Co. stock trades pre-market at EUR 49.77 at 7:40 a.m. CEST at Lang & Schwarz on October 20, 2026.

Citi revises its target

The report said Citi reduced its fourth-quarter estimates for the oil and gas equipment services group, citing Saudi Arabia-related considerations in the analyst note. The report also said the scale and duration of related suspensions remained uncertain.

Before the Xetra open

The euro quotation provides the pre-market indication for German investors ahead of the Xetra session. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Baker Hughes Co. stock.

How Baker Hughes makes money

Baker Hughes develops technologies and services for energy and industrial companies across oilfield services and equipment, liquefied natural gas, industrial technology and digital solutions, according to its website. Market context: Market report S&P 500.

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