🔼Barclays upgrades Bloom Energy $BE to Overweight on ramping demand
Barclays upgraded Bloom Energy to Overweight from Equal Weight with a price target of $289, down from $316.
The firm says Bloom's accelerating capacity build, rising customer deposits and new supply commitments indicate the company's demand is ramping faster than expected.
Barclays says Bloom's demand trends are "getting harder to ignore."