Morgan Stanley Maintains Overweight on Bloom Energy, Maintains $22 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on Bloom Energy (NYSE:BE) and kept the price target at $22.

March 25, 2024 | 6:19 pm
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Morgan Stanley reaffirms an Overweight rating on Bloom Energy with a $22 price target.
The reaffirmation of an Overweight rating and a $22 price target by a major analyst like Morgan Stanley is likely to instill confidence among investors, potentially leading to a positive short-term impact on Bloom Energy's stock price. Analyst ratings, especially from reputable firms, can significantly influence investor perception and stock price movements.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100