Bloom Energy price target raised to $155 from $133 at Roth Capital

Roth Capital raised the firm’s price target on Bloom Energy (BE) to $155 from $133 and keeps a Neutral rating on the shares. Despite strong positioning and commercial momentum, forward expectations already appear to reflect substantial order growth and significant future capacity expansion, the analyst tells investors in a research note. While the long-term opportunity remains attractive given Bloom’s deployable technology in grid-constrained markets, valuation considerations keep the stance cautious, the firm says.

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