Jul. 10 at 11:13 AM
$BE Bloom Energy price target raised to
$298 from
$293 at Susquehanna
Susquehanna raised the firm's price target on Bloom Energy to
$298 from
$293 and keeps a Positive rating on the shares. The firm updated its estimates and target ahead of Q2 results where overall, power demand growth remains the main catalyst for the sector, largely driven by DCs and electrification, leading to significant demand for new generation capacity, including gas turbines, utility-scale solar, and battery storage.
