Bloom Energy (BE.US) raised its target price to $53 after receiving a $5 billion cooperation, but maintained its "underperform" rating.
Zhixun Finance APP learned that Investment Bank Jefferies recently raised its target price for fuel cell manufacturer Bloom Energy (BE.US) from $31 to $53, but maintained its "underperform" rating on the stock. The bank explained that the recent partnership agreement between Bloom Energy and Brookfield Asset Management (BAM.US) was the main reason for the bank's target price increase for the stock.
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