Bloom Energy price target raised to $25 from $20 at Roth Capital

Roth Capital raised the firm’s price target on Bloom Energy (BE) to $25 from $20 and keeps a Neutral rating on the shares. While Roth likes Bloom’s position with established technology that can be rapidly deployed in markets that are increasingly grid-constrained, as well as its ability to effectuate energy transition with customers over time, the firm believes the risk/reward is balanced at current levels, the analyst tells investors in a research note.

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