Truist Securities Maintains Hold on Bloom Energy, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Bloom Energy while lowering the price target from $13 to $12.
October 16, 2024 | 2:22 pm
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NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Bloom Energy and reduced the price target from $13 to $12, indicating a cautious outlook.
The lowering of the price target from $13 to $12 by Truist Securities suggests a less optimistic view on Bloom Energy's short-term performance. Maintaining a Hold rating indicates that the analyst does not see significant upside potential in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100