BTIG raised the firm’s price target on Bloom Energy (BE) to $165 from $145 and keeps a Buy rating on the shares after its Q4 earnings beat. The company is leaning on a diverse customer base to scale revenues, with management noting secular demand growth in data centers as well as legacy C&I customers, the analyst tells investors in a research note.
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- Bloom Energy price target raised to $184 from $155 at Morgan Stanley
- Bloom Energy price target raised to $166 from $154 at JPMorgan
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