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Fly News Breaks for February 20, 2020
BE
Feb 20, 2020 | 07:37 EDT
Raymond James analyst Pavel Molchanov downgraded Bloom Energy to Market Perform from Outperform. In a research note to investors, cites valuation for the downgrade and says the stock's "phenomenally" strong start to 2020 is taking place in the context of the ESG investing trend that has contributed to spurring the most bullish sentiment on clean tech as a whole in more than a decade, and that Bloom is "just one manifestation" of this broader trade.
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