Bloom stock jumps as an analyst hikes target by 134%

Bloom stock jumps as an analyst hikes target by 134%

Bloom Energy (BE) surged after stellar Q1 results and a raised forecast. RBC Capital hiked its price target by a whopping 134% to $335, while BTIG added $130 to $295. Morgan Stanley sees $310. Analysts cite robust data centre demand and faster-than-expected growth. 13 out of 27 analysts remain bullish on BE.

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