Jefferies Upgrades Bloom Energy to Hold from Underperform
Jefferies upgraded Bloom Energy (BE) to Hold from Underperform, raising its price target from $97 to $187. The upgrade follows Bloom Energy's announcement of a 1.2GW order with Oracle (ORCL), with potential for an additional 1.6GW. Jefferies estimates potential revenue upside of 20% and 51% in 2026 and 2027, respectively.
Tickers: $ORCL
Topics: Analyst Upgrade Bloom Energy Oracle Partnership Announcement Stock Price Target