Cracking The Code: Understanding Analyst Reviews For Bloom Energy
Portfolio Pulse from Benzinga Insights
Over the past three months, 9 analysts have shared their evaluations of Bloom Energy (NYSE:BE), with a mix of bullish, somewhat bullish, and indifferent ratings. The average 12-month price target has increased by 5.67% to $16.78. Analysts have adjusted their ratings and price targets based on recent developments, reflecting diverse outlooks on the company's performance.
June 06, 2024 | 12:02 pm
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Bloom Energy has received mixed analyst ratings over the past three months, with a recent increase in the average 12-month price target by 5.67% to $16.78. Analysts have adjusted their ratings and price targets based on recent developments, reflecting diverse outlooks on the company's performance.
The increase in the average price target and the mix of ratings suggest a cautiously optimistic outlook for Bloom Energy. The adjustments in ratings and price targets by multiple analysts indicate a response to recent developments, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100