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Analysts Offer Insights on Energy Companies: Baker Hughes Company (BKR) and Delek US Holdings (DK)

Tipranks - Wed Jan 28, 6:24AM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Baker Hughes Company (BKRResearch Report) and Delek US Holdings (DKResearch Report).

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Baker Hughes Company (BKR)

In a report released yesterday, Phillip Jungwirth from BMO Capital maintained a Buy rating on Baker Hughes Company, with a price target of $65.00. The company’s shares closed last Monday at $56.29.

According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 3.6% and a 46.8% success rate. Jungwirth covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Weatherford International, and HF Sinclair Corporation. ;'>

Currently, the analyst consensus on Baker Hughes Company is a Strong Buy with an average price target of $58.54, implying a 5.2% upside from current levels. In a report issued on January 12, Bank of America Securities also maintained a Buy rating on the stock with a $55.00 price target.

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Delek US Holdings (DK)

In a report released today, Joe Laetsch from Morgan Stanley maintained a Hold rating on Delek US Holdings, with a price target of $38.00. The company’s shares closed last Monday at $27.69.

According to TipRanks.com, Laetsch is a 1-star analyst with an average return of -1.0% and a 56.3% success rate. Laetsch covers the NA sector, focusing on stocks such as Liberty Oilfield Services, HF Sinclair Corporation, and Marathon Petroleum. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Delek US Holdings with a $41.00 average price target, a 43.0% upside from current levels. In a report issued on January 16, Scotiabank also maintained a Hold rating on the stock with a $34.00 price target.

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