Bloom Energy (BE) Soars 14.8% on Sharp PT Upgrade Ahead of Q2 Earnings

Bloom Energy’s stock climbed on Tuesday following a significant price target increase from JPMorgan. The investment bank raised its target by 29.6 percent to $346 from the previous $267, while maintaining an overweight rating on the fuel cell manufacturer.
JPMorgan’s upgrade reflected confidence in Bloom Energy’s ability to deliver 4.1 gigawatts of fuel capacity by fiscal year 2030. The analyst note emphasized strong demand from companies seeking immediate, off-grid power solu