Barclays raised the firm’s price target on Bloom Energy (BE) to $177 from $153 and keeps an Equal Weight rating on the shares as part of a Q1 preview. The company’s commercial momentum is accelerating but the shares are “pricing in a steeper growth curve,” the analyst tells investors in a research note. Barclays believes Bloom’s valuation leaves less room for error despite improving demand visibility and capacity utilization.
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