Bloom Energy price target raised to $15 from $14 at RBC Capital

RBC Capital analyst Chris Dendrinos raised the firm’s price target on Bloom Energy (BE) to $15 from $14 and keeps an Outperform rating on the shares. Carbon capture opportunities are more limited right now, but California Resource Corp (CRC). expects to receive the state’s first Class VI CCS final permit soon, and this presents an opportunity for Bloom’s technology to be an innovative and cost-competitive solution for low-carbon electricity production, the analyst tells investors in a research note.