Why Bloom Energy Stock Just Popped
Bloom Energy (NYSE: BE) stock jumped out of the gate Friday, racing ahead 6.2% through 10:45 a.m. EDT on the back of a bullish note from investment bank J.P. Morgan.
Citing a 21% pullback in Bloom's share price over the past month, J.P. insisted that the stock is still worth $36 a share, and upgraded its recommendation to "overweight."
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Source Fool.com