TD Cowen Maintains Hold on Bloom Energy, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jeffrey Osborne maintains a Hold rating on Bloom Energy (NYSE:BE) and raises the price target from $10 to $13.

May 10, 2024 | 6:14 pm
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TD Cowen has maintained its Hold rating on Bloom Energy but increased the price target from $10 to $13.
The increase in price target by TD Cowen suggests a positive outlook on Bloom Energy's future performance, potentially leading to increased investor interest and a positive short-term impact on the stock price. The Hold rating indicates a cautious optimism, suggesting that while significant growth is not expected imminently, the outlook is not negative.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100