The new Baker Hughes, a GE company Class A BHGE is off to a bumpy start. The company, a union between oil services giant Baker Hughes and the oil & gas division of General Electric Company GE, has struggled since it began trading under its new ticker earlier this summer. However, on Monday, Argus analyst Bill Selesky initiated coverage of the new Baker Hughes with a Buy rating and $43 price target and said the company is well-positioned to give rivals Halliburton Company HAL and Schlumberger Limited. SLB a run for their money. SourceThe shares will go up to the upper edge of the falling channel. $BHGE, Baker Hughes, a GE company / H4