BE Wells Fargo cuts its price target on Bloom Energy to $176 from $217 after earnings. Analysts pointed to Turbine capacity overbuild and lo
BE Wells Fargo cuts its price target on Bloom Energy to $176 from $217 after earnings. Analysts pointed to Turbine capacity overbuild and lower assumed shipments for 2030 plus. Still a great quarter with beats on the top and bottom line. They raised guidance and earnings for the second quarter jumped 680% from a year ago. - per Cramer Investing Club Newsletter
BE Wells Fargo cuts its price target on Bloom Energy to $176 from $217 after earnings.
Analysts pointed to Turbine capacity overbuild and lower assumed shipments for 2030 plus.
Still a great quarter with beats on the top and bottom line.
They raised guidance and earnings for the second quarter jumped 680% from a year ago. - per Cramer Investing Club Newsletter