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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