BMO raises PT on Bloom Energy after Brookfield invests $5 bln

** BMO Capital Markets raises price target on fuel-cell maker Bloom Energy BE to $97 from $33, maintains "market perform" rating

** The new price target represents a ~12% downside to the stock's last close

** Brookfield Asset Management BAM said on Monday it will invest up to $5 billion in BE's fuel cell technology to power artificial intelligence (AI) data centers

** Similar to BE's prior American Electric Power AEP framework agreement, we are uncertain about how many megawatts ultimately will be deployed, but the momentum seems warranted for now - brokerage

** 11 of 25 brokerages rate the stock "buy" or higher, 11 "hold" and 3 "sell" or lower; median PT is $65 - data compiled by LSEG

** Up to last close, stock up ~400% YTD