RBC Capital Initiates Coverage On Bloom Energy with Outperform Rating, Announces Price Target of $24
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Chris Dendrinos has initiated coverage on Bloom Energy (NYSE:BE) with an Outperform rating and a price target of $24.
July 07, 2023 | 8:18 am
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POSITIVE IMPACT
Bloom Energy's stock may see positive movement due to the Outperform rating and $24 price target set by RBC Capital.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, RBC Capital's Outperform rating and $24 price target for Bloom Energy suggest a positive outlook for the company's stock. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100