Wells Fargo raised the firm’s price target on Bloom Energy to $14 from $12 and keeps an Equal Weight rating on the shares. Data center orders are picking up but timing of larger deals is uncertain, the analyst tells investors in a research note.
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Read More on BE:
- Jefferies sustainability/transition analyst has analyst/industry conference call
- Bloom Energy price target raised to $13 from $10 at TD Cowen
- Bloom Energy price target lowered to $20 from $21 at Evercore ISI
- Bloom Energy sees FY24 revenue $1.4B-$1.6B, consensus $1.49B
- Bloom Energy reports Q1 EPS (17c), consensus (11c)
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