Why Bloom Energy Stock Blasted More Than 7% Higher Today
Investors were sure energized about the potential of hydrogen power specialist Bloom Energy (NYSE: BE) on Friday. That followed a glowing analyst note on the company from an investment bank. Aided by his optimism, the stock gained more than 7%, trouncing the S 500 index, which edged down by 0.3%.
The prognosticator behind the note was Chris Dendrinos of RBC Capital, who initiated coverage on Bloom Energy stock with a recommendation of outperform (buy, in other words). He set his price target at $24 per share, nearly 44% over the stock's current price.
Dendrinos feels that the long-tail move toward greener energy solutions will benefit Bloom Energy, as its technology is clean, efficient, and reliable.
Source Fool.com
Royal Bank of Canada Aktie
101,20 €
-0,71 %
Leichtes Buy-Interesse bei Royal Bank of Canada, mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 114 € für Royal Bank of Canada signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 101.2 €.
