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Bloom Energy price target raised to $335 from $143 at RBC Capital

RBC Capital raised the firm’s price target on Bloom Energy (BE) to $335 from $143 and keeps an Outperform rating on the shares after its Q1 earnings beat. The company reported strong results, increased its outlook, and announced plans to continue scaling manufacturing capacity, the analyst tells investors in a research note. RBC adds it is raising its 2026 EPS view to $2.45 from $1.76 as the outlook for Bloom Energy is accelerating.

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