UBS Maintains Buy on Bloom Energy, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta maintains a Buy rating on Bloom Energy (NYSE:BE) but lowers the price target from $25 to $23.

August 15, 2024 | 1:17 pm
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UBS analyst Manav Gupta maintains a Buy rating on Bloom Energy but lowers the price target from $25 to $23.
The Buy rating suggests continued confidence in Bloom Energy's long-term prospects, but the lowered price target indicates some caution regarding short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100