Jefferies lowers Bloom Energy price target to $97

jp.investing.com (Japanese)

Jefferies lowered Bloom Energy's price target to $97 from $102, maintaining an Underperform rating. The firm cited rising expectations and increased competition as reasons for the downgrade, noting the stock trades at a high valuation and exhibits significant price volatility. Bloom Energy recently appointed Simon Edwards as its new CFO, a move Oppenheimer reaffirmed its Perform rating on, while Baird maintains an Outperform rating.


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Jefferies lowers Bloom Energy price target to $97 | News Minimalist