Jefferies Maintains Buy on Bloom Energy, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne maintains a Buy rating on Bloom Energy (NYSE:BE) but lowers the price target from $16 to $15.
August 09, 2024 | 11:03 am
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Jefferies analyst Lloyd Byrne maintains a Buy rating on Bloom Energy but lowers the price target from $16 to $15.
The maintained Buy rating suggests continued confidence in Bloom Energy's prospects, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100