MEMORIAL DAY FLASH SALE: 50% OFF BENZINGA PRO
As we honor our freedom, take a stand today. Secure the financial freedom that both you and your family deserve. Get exclusive market moving news for just 50% off. Claim your 50% discount here.
- BMO Capital analyst Ameet Thakkar initiated Bloom Energy Corp (NYSE:BE) with a Market Perform rating and a price target of $22, implying an upside of 17.6%.
- Thakkar says that in the long run, solid oxide tech may offer a cheaper, more efficient way to produce hydrogen and could be used in other applications.
- Meanwhile, he adds that determination of this is still in the very early stages.
- Recently, the company revealed the commercial availability of its Hydrogen Energy Servers, 100% hydrogen-powered fuel cells that deliver on-site, 24/7, zero-carbon electricity.
- Price Action: BE shares are trading lower by 1.44% at $18.45 during the premarket session on Friday.
MEMORIAL DAY FLASH SALE: 50% OFF BENZINGA PRO
As we honor our freedom, take a stand today. Secure the financial freedom that both you and your family deserve. Get exclusive market moving news for just 50% off. Claim your 50% discount here.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!