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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BE:
