Morgan Stanley Reiterates Overweight on Bloom Energy, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has reiterated an Overweight rating on Bloom Energy (NYSE:BE) and maintained a $30 price target.
July 17, 2023 | 1:22 pm
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Morgan Stanley has reiterated an Overweight rating on Bloom Energy and maintained a $30 price target, which could positively influence the stock's performance.
Analyst ratings and price targets can significantly influence investor sentiment and stock performance. The reiteration of an Overweight rating and a $30 price target by Morgan Stanley suggests a positive outlook for Bloom Energy, which could lead to an increase in its stock price in the short term.
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