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Bloom Energy Shares Fall 3.9% as Baird Raises Price Target to $351

Baird maintained its Outperform rating and raised its Bloom Energy price target from $310 to $351. Shares traded at $230, down 3.9%, at 12:20 a.m. ET on October 15.

Fuel-cell power supplier Bloom Energy NYSE:BE received a higher price target from Baird, but shares traded at $230, down 3.9%, at 12:20 a.m. ET on October 15. The Fly reported that Baird kept its Outperform rating and raised its target from $310 to $351, a 13.2% increase. The bullish call did littl…