Bloom Energy price target raised to $105 from $41 at UBS

UBS raised the firm’s price target on Bloom Energy (BE) to $105 from $41 and keeps a Buy rating on the shares. With data centers needing more power today vs. 4 years out, UBS sees a more rapid deployment of Bloom Energy fuel cells, with the scaling up of AEP and Oracle orders as near-term catalysts, the analyst tells investors in a research note.

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