Why Bloom Energy Stock Sank Today
Bloom Energy (NYSE: BE) stock won a price target hike from Bank of America Securities this morning, with analyst Dimple Gosai raising her target price on the hydrogen fuel cell company by 50%, to $39 per share.
That news isn't quite as good as it sounds, however, as Gosai left her "underperform" rating on Bloom stock unchanged. As a result, Bloom stock is down 3.1% through 2:30 p.m. ET.
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Source Fool.com
