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Bloom Energy price target raised to $166 from $154 at JPMorgan

JPMorgan raised the firm’s price target on Bloom Energy (BE) to $166 from $154 and keeps an Overweight rating on the shares. The firm views the company’s Q4 report as solid. Bloom’s additional contract announcements should provide further positive catalysts and potentially increased visibility, the analyst tells investors in a research note.

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