Wells Fargo Maintains Equal-Weight on Bloom Energy, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Blum maintains an Equal-Weight rating on Bloom Energy (NYSE:BE) and lowers the price target from $20 to $17.
May 30, 2023 | 11:51 am
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Wells Fargo analyst Michael Blum maintains an Equal-Weight rating on Bloom Energy and lowers the price target from $20 to $17.
The news directly mentions Bloom Energy (NYSE:BE) and the lowered price target by Wells Fargo analyst Michael Blum. This may cause some investors to reevaluate their positions, but the Equal-Weight rating suggests that the stock is fairly valued, and the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100