Street View-Industrial & Energy Tech segment driving positive revisions for Baker Hughes
** Oilfield services firm Baker Hughes BKR.O beat Q2 profit estimates last week, helped by higher demand for its drilling services and equipment in international markets
** Shares up 0.9% at $38 in premarket trade
FOCUS ON INDUSTRIAL & ENERGY TECHNOLOGY (IET)
** TD Cowen ("Buy", PT: $50) says it "continues to see potential for upside to BKR's IET revenue guidance in 2H and margins broadly as the internal initiatives seem to be hitting their stride"
** Susquehanna ("Positive", PT: $46) says "the outlook on the IET segment is improving, with encouraging signs of demand across a broader set of end markets"
** Jefferies ("Buy", PT: $46) says that IET is driving positive revisions for the company
Reporting by Tanay Dhumal in Bengaluru
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