Street Calls of the Week: Upgrade for Western Digital; downgrade for Clorox
Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrade forBloom Energy is on an ambitious journey to facilitate global decarbonization and scale hydrogen solutions, capitalizing on the dynamic energy landscape.
Outperform at Evercore means “the total forecasted return is expected to be greater than the expected total return of the analyst's coverage sector.”Bloom Energy stock traded higher on the premarket headlines from $11.24 to $11.64, a gain of around 3.50%. Bloom Energy opened the regular session at $11.75 and closed at $11.73, a gain of 4.36%.
Additionally, the rising popularity of weight-loss medications such as Wegovy and Zepbound may lead to reduced food expenditure, while a growing inclination towards healthier options is likely to diminish demand for PepsiCo’s salty snacks and sugary drinks. The analysts conclude that the optimal outcome, where Cash App evolves into a ‘Capital One’ for the younger generations, is substantially factored into their current valuation projections for Cash App.
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