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Beam Global price target raised to $3 from $2.50 at Roth Capital

Roth Capital raised the firm’s price target on Beam Global (BEEM) to $3 from $2.50 and keeps a Buy rating on the shares. The firm views the company’s Q2 results as mixed with “tepid” order trends. It rolled the price target to 2026 estimates rolling and cites low expectations and positive execution on cost controls for the Buy rating.

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