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FCEL / Analysts Adjust FuelCell Energy's Price Target Post Q4 Results

Craig-Hallum analyst Eric Stine upgraded FuelCell Energy Inc (NASDAQ:FCEL) to Hold from Sell and raised the price target to $5, from $4, as an improved Product outlook and Carbon Capture progress outweighs "an ugly Q4." The analyst notes that FuelCell remains a company in transition as it will take time and capital to get to a sustainable business, and it still sports a lofty valuation. Read More

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Posted: Dec 30 2021, 13:42

Author Name: Benzinga

FCEL News

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