Raymond James Remains Bullish On Bloom Energy, Cuts Price Target By 20%
Raymond James analyst Pavel Molchanov lowered the price target on Bloom Energy Corp (NYSE:BE) to $27 (an upside of 50%) from $34 and maintained a Strong Buy rating on the shares. Bloom's foray into electrolyzers in 2022 offers pre- revenue optionality vis-a-vis green hydrogen, bolstered by aggressive targets in EU climate policy. Related: Why Bloom Energy…
Benzinga ·