AI Data Center Trade Fuels Bloom Energy (BE) Rally — Is It Sustainable?
Bloom Energy Corporation (NYSE:BE) is one of the AI Stocks on Market Radar. On September 23, BofA Securities analyst Dimple Gosai raised the price target on the stock to 21.00) while maintaining a Underperform rating. According to the firm, Bloom Energy has secured remarkable wins such as those with American Electric (AEP) and Oracle (ORCL). These wins, along with other fast project deployments, has made it a standout beneficiary of the AI data center trade. The stock had a greater than 650% ...