Canaccord Genuity Maintains a 'Buy' on FuelCell Energy (FCEL); Management Transition Continues
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Price: $19.54 +6.43%
Rating Summary:
6 Buy, 8 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
6 Buy, 8 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Buy' on FuelCell Energy (NASDAQ: FCEL), PT $3.
Canaccord analyst, John Quealy, said, "We envision a smooth transition in light of the announcement that longtime CFO Joe Mahler will be leaving FuelCell to pursue a new opportunity at a private technology company. With a record backlog (post recent POSCO order) and a stepup in annual throughput to 56MWs, we expect that near-term production and order flow remain the focus."
For more ratings news on FuelCell Energy click here and for the rating history of FuelCell Energy click here.
Shares of FuelCell Energy closed at $1.46 yesterday.
Canaccord analyst, John Quealy, said, "We envision a smooth transition in light of the announcement that longtime CFO Joe Mahler will be leaving FuelCell to pursue a new opportunity at a private technology company. With a record backlog (post recent POSCO order) and a stepup in annual throughput to 56MWs, we expect that near-term production and order flow remain the focus."
For more ratings news on FuelCell Energy click here and for the rating history of FuelCell Energy click here.
Shares of FuelCell Energy closed at $1.46 yesterday.
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