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Stock impact report

Bloom Energy (BE) Gains Analyst Confidence Amid U.S. Grid Acceleration Push [Yahoo! Finance]

American Electric Power Company, Inc. (AEP) 
Last american electric power company, inc. earnings: 2/20 06:57 am Check Earnings Report
US:NYSE Investor Relations: aep.com/investors
Company Research Source: Yahoo! Finance
October 27, UBS analyst Manav Gupta reiterated a Buy rating on the stock with a $115.00 price target. The firm cited policy tailwinds expected to enable faster grid approvals and fuel data center demand. UBS pinpointed a recent Bloomberg report about U.S. Energy Secretary Wright sending a draft proposal to the Federal Energy Regulatory Commission (FERC) that would limit the regulator's review period for data-center connections to the power grid to 60 days. This proposal, if approved, can significantly shorten a process that can currently take years. With American Electric Power (AEP) already partnering with Bloom Energy to supply power to data centers, BE can supply fuel cells in 6 to 9 months, which is quicker than gas turbines. If the rule pushes through, BE is going to have a surge in demand for its fuel cells, and is already securing projects. “Bloomberg reports US Energy Secretary Wright yesterday sent a draft proposal to the Federal Energy Regulatory Commission (FERC) th Show less Read more
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