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Bruce Jefferson

Newly Public Bloom Energy Downgraded By Credit Suisse On Valuation: 'Much Work Remains To Be Done'

Fuel cell power manufacturer Bloom Energy Corp. BE was hit with a downgrade Monday a month after its initial public offering. 

Credit Suisse analyst Michael Weinstein downgraded Bloom Energy from Neutral to Underperform with a price target of $24. Source

We can expect a reversal and forming of an upside.

$BE, Bloom Energy Corporation / H1

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