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Bloom Energy price target lowered to $9 from $10 at BofA

BofA analyst Julien Dumoulin-Smith lowered the firm’s price target on Bloom Energy to $9 from $10 and keeps an Underperform rating on the shares following the Q4 update. Results for the quarter came in below expectations and guidance, as orders failed to materialize in December, the analyst tells investors in a research note.

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