Wells Fargo Raises NorthWestern Energy Rating and Bloom Energy Target
Wells Fargo upgraded NorthWestern Energy to Overweight and lifted price targets for NWE and Bloom Energy, per Dow Jones Newswires data.
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what happened
Dow Jones Newswires, citing Benzinga ratings data, reports two recent decisions by Wells Fargo on energy companies. For NorthWestern Energy Group (NWE), the bank raised its rating to Overweight from Equal-Weight and lifted its price target from $70 to $90 per share.
For Bloom Energy (BE), Wells Fargo kept its Equal-Weight rating but increased its price target from $176 to $182 per share.
why it matters
Analyst rating changes like these usually affect individual stocks and have limited impact on the broader market. For investors in utilities and distributed power generation, the point is that a major bank is raising expectations for two companies in the sector at once. This reports analyst actions, not a forecast or a recommendation.
tags
instruments
sources
- NorthWestern Energy Group Price Target Raised to $90.00/Share From $70.00 by Wells Fargo — Dow Jones Newswires, 26 October 2026 at 13:22 UTC
- Bloom Energy Price Target Raised to $182.00/Share From $176.00 by Wells Fargo — Dow Jones Newswires, 26 October 2026 at 13:55 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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