Clear Street Raises Price Target on Bloom Energy, Maintains Hold Rating

Reported 3 days ago

Clear Street has increased its price target for Bloom Energy Corporation (NYSE:BE) from $37 to $43 while maintaining a Hold rating. This adjustment follows Bloom's announcement of a $5 billion strategic partnership with Brookfield to develop AI infrastructure, which is expected to enhance its position as a preferred power provider. Although Bloom Energy shows investment potential, analysts suggest that other AI stocks may offer better upside with lower risk.

Clear Street Raises Price Target on Bloom Energy, Maintains Hold Rating

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