UPDATE: RBC Capital Markets Downgrades Baker Hughes
January 08, 2014 at 09:19 AM EST
In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead downgraded Baker Hughes (NYSE: BHI ) to Sector Perform from Outperform, dropping its price target to $60.00 from $67.00. According to the report, BHI's NAM margins will progress at a more modest pace than originally anticipated. NAM margins are
