Wells Fargo Maintains Equal-Weight on Bloom Energy, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Blum maintains an Equal-Weight rating on Bloom Energy (NYSE:BE) and raises the price target from $12 to $14.
May 20, 2024 | 3:56 pm
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Wells Fargo analyst Michael Blum maintains an Equal-Weight rating on Bloom Energy and raises the price target from $12 to $14.
The raised price target from $12 to $14 by a reputable analyst at Wells Fargo is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a balanced view, implying that the stock is expected to perform in line with the market.
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RELEVANCE 100