Why Bloom Energy Could Reach Revenues Of $1.8B Next Year, Says Bullish Analyst
American Electric Power(AEP) Benzinga·2024-11-15 23:25
Bloom Energy Corp BE announced a 1 GW fuel cell supply deal with American Electric Power Company Inc AEP, which sent its stock soaring in early trading on Friday.The deal is "proof of concept" that the company's product can power large-scale data centers, according to Piper Sandler.Analyst Kashy Harrison upgraded the rating from Neutral to Overweight while raising the price target from $10 to $20.The Bloom Energy Thesis: The latest order could "open the door to future arrangements with other utilities," Har ...