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Baker Hughes Locks In Two Multi-Year Equinor Extensions

Benzinga·
Baker Hughes Locks In Two Multi-Year Equinor Extensions

Baker Hughes secured two multi-year contract extensions with Equinor to support offshore hydrocarbon production in the North Sea and expanded operations in Brazil's Santos Basin. The stock trades at $63.50 with a Buy rating and $74.00 average price target, though momentum indicators suggest cooling upside pressure.

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