Baird analyst Ben Kallo raised the firm’s price target on Bloom Energy (BE) to $45 from $22 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results.
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Read More on BE:
- Bloom Energy price target raised to $42 from $30 at BTIG
- Bloom Energy downgraded to Hold from Buy at Clear Street
- Cautious Outlook on Bloom Energy: Sell Rating Due to Limited Pipeline Visibility and Valuation Pressure
- Bloom Energy’s Strong Market Position and Growth Potential Justify Buy Rating
- Bloom Energy Reports Record Revenue and Strategic Growth