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MarketBeat
MarketBeat
Business
Jeffrey Neal Johnson

Bloom Energy Booms on AI Power Demand and Analyst Upgrades

Bloom Energy (NYSE: BE) received two price target upgrades from two major Wall Street firms in two weeks, citing very similar rationale. This served as a launch signal, igniting two additional booster rockets on a stock already accelerating toward triple-digit territory.

BE stock recently jumped over 8% in a single session to reach an all-time high, a move backed by a surge in trading volume to over 16 million shares, more than double the stock's daily average.

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