JPMorgan analyst Mark Strouse raised the firm’s price target on Bloom Energy (BE) to $129 from $90 and keeps an Overweight rating on the shares. The company reported solid Q3 results and its outlook topped estimates, the analyst tells investors in a research note.
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Read More on BE:
- Bloom Energy price target raised to $145 from $80 at BTIG
- Bloom Energy price target raised to $157 from $94 at Baird
- Bloom Energy price target raised to $50 from $43 at Clear Street
- Cautious Outlook on Bloom Energy: Hold Rating Amid High Valuation and Execution Uncertainties
- Bloom Energy’s Strong Market Position and Growth Potential Justify Buy Rating
