Piper Sandler Maintains Neutral on Bloom Energy, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains a Neutral rating on Bloom Energy (NYSE:BE) and lowers the price target from $11 to $10.
March 11, 2024 | 11:45 am
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Bloom Energy and lowers the price target from $11 to $10.
The reduction in price target by Piper Sandler suggests a less optimistic outlook on Bloom Energy's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100