Bloom Energy shares are trading higher after Evercore ISI Group initiated coverage on the stock with an Outperform rating and announced a price target of $21.
Portfolio Pulse from Benzinga Newsdesk
Bloom Energy's stock is trading higher following an Outperform rating initiation and a $21 price target set by Evercore ISI Group.

April 01, 2024 | 1:29 pm
News sentiment analysis
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POSITIVE IMPACT
Bloom Energy's stock is positively impacted by Evercore ISI Group's Outperform rating and a $21 price target.
Analyst ratings and price targets often influence investor sentiment and can lead to stock price movements. The Outperform rating and ambitious price target from a reputable firm like Evercore ISI Group suggest a bullish outlook for Bloom Energy, likely encouraging investors and potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90