Truist Securities Maintains Hold on Bloom Energy, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Jordan Levy has maintained a 'Hold' rating on Bloom Energy (NYSE:BE) and lowered the price target from $20 to $18.
August 07, 2023 | 2:25 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bloom Energy's price target has been lowered from $20 to $18 by Truist Securities, while maintaining a 'Hold' rating.
The lowering of the price target by Truist Securities indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Bloom Energy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100