Bloom Energy price target raised to $73 from $34 at Roth Capital

Roth Capital raised the firm’s price target on Bloom Energy (BE) to $73 from $34 but keeps a Neutral rating on the shares. The firm is positive on the company’s expected C&I – Commercial & Industrial – segment momentum, but while it finds the current positioning as perhaps the most positive in Bloom’s history, it also believes that expectations are likely now fully factoring very large order flow in the near term, the analyst tells investors in a research note.

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