Clear Street raised the firm’s price target on Bloom Energy (BE) to $180 from $155 and keeps a Hold rating on the shares. The company reported an “impressive” Q1 revenue beat with 130% growth, the analyst tells investors in a research note. The firm cites higher sales estimates and the stock’s higher recent valuation for the target boost. There could be additional upside to the price target for investors taking a 2028 valuation approach, rather than Clear’s 2027 basis, contends the firm.
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