Baird analyst Ben Kallo raised the firm’s price target on Bloom Energy (BE) to $157 from $94 and keeps an Outperform rating on the shares. The firm updated its model following its Q3 beat and where its seems the company is becoming the go-to provider for BYOP.
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Read More on BE:
- 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
- Cautious Outlook on Bloom Energy: Sell Rating Amid Reliance on Brookfield Partnership and Financial Concerns
- Bloom Energy Reports Record Revenue and Strategic Growth
