BMO Capital Maintains Market Perform on Bloom Energy, Lowers Price Target to $18.5
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ameet Thakkar maintains a Market Perform rating on Bloom Energy (NYSE:BE) and lowers the price target from $22 to $18.5.
May 24, 2023 | 2:08 pm
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NEUTRAL IMPACT
BMO Capital maintains a Market Perform rating on Bloom Energy and lowers the price target from $22 to $18.5.
BMO Capital's lowered price target for Bloom Energy may cause short-term uncertainty among investors, but the Market Perform rating suggests that the stock is expected to perform in line with the market. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100