Jefferies Lowers Bloom Energy (NYSE: BE) Price Target Amid Cash Flow Scrutiny
Jefferies lowers Bloom Energy (NYSE: BE)'s price target to $242, implying 25.2% upside despite a recent stock dip. Bloom Energy reported strong Q3 revenue of $1.24 billion and adjusted earnings of $0.94 per share, both exceeding forecasts. Despite revenue growth, significant negative free cash…