Truist Securities Maintains Hold on Bloom Energy, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a 'Hold' rating on Bloom Energy (NYSE:BE) and lowered the price target from $18 to $12.
November 06, 2023 | 1:28 pm
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Bloom Energy's price target has been lowered from $18 to $12 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for Bloom Energy's stock in the short term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations.
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IMPORTANCE 80
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