JP Morgan Maintains Neutral on Bloom Energy, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains a Neutral rating on Bloom Energy (NYSE:BE) and raises the price target from $12 to $14.
July 16, 2024 | 3:03 pm
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JP Morgan analyst Mark Strouse maintains a Neutral rating on Bloom Energy and raises the price target from $12 to $14.
The raised price target from $12 to $14 by JP Morgan indicates a positive outlook on Bloom Energy's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the stock may not outperform the market significantly.
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