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News 2026-09-30 12:31 UTC

Jefferies Just Raised Its Bloom Energy Price Target -- Stock Jumps 10%

Bloom Energy (BE) climbed nearly 10% Tuesday after Jefferies raised its price target to $264 from $229 while retaining a Hold rating.Analyst Julien Dumoulin-Smith pointed to several large commitments supporting Bloom Energy's power-generation business. The company has a $25 billion financing arrang…