Bloom Energy Corp (BE) witnessed a significant surge of 6.71% in its stock price during the pre-market trading session on Monday. This upward movement was driven by a bullish outlook from Morgan Stanley, which raised its price target on BE from $20 to $28 while maintaining an Overweight rating.

The investment bank's optimistic stance towards Bloom Energy, a leading provider of solid oxide fuel cell technology, sparked investor confidence and fueled the pre-market rally for the company's shares. Morgan Stanley's analysts appear to be impressed by Bloom Energy's innovative energy solutions, which generate clean, reliable, and cost-effective electricity from a wide range of fuels.

With its cutting-edge technology and promising growth prospects, Bloom Energy has attracted positive attention from analysts and investors alike. The company's products have the potential to play a significant role in the transition towards a more sustainable energy future, which could contribute to its long-term success.