BTIG Initiates Coverage On Bloom Energy with Buy Rating, Announces Price Target of $21
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Gregory Lewis has initiated coverage on Bloom Energy (NYSE:BE) with a Buy rating and set a price target of $21.
January 25, 2024 | 11:44 am
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BTIG analyst Gregory Lewis initiated coverage on Bloom Energy with a Buy rating and a price target of $21, indicating a positive outlook for the stock.
Analyst ratings, especially initiations of coverage with a Buy rating, can have a significant positive impact on a stock's price in the short term. The price target of $21 suggests a bullish view on the stock's future performance, which may influence investors' perceptions and lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100