Bloom Energy's stock price has surged following Morgan Stanley's decision to raise its price target, marking it as the highest on the Street. This positive outlook reflects strong investor confidence in the company's future.

Editor’s Note: This matters because a higher price target from a reputable firm like Morgan Stanley can significantly influence investor sentiment and market performance. It indicates that analysts believe in Bloom Energy's growth potential, which could attract more investors and boost the company's market presence.

Morgan Stanley has raised its price target for Bloom Energy's stock from $44 to $85, indicating strong confidence in the company's future performance.

Editor’s Note: This increase in price target reflects Morgan Stanley's positive outlook on Bloom Energy, suggesting that investors may see significant growth potential in the company's operations and market position.