Canaccord Genuity Maintains a 'Buy' on FuelCell Energy (FCEL); Adjusting Estimates After Q1 Review
Tweet
Share
E-mailGet Alerts FCEL Hot Sheet
Price: $19.49 +6.15%
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
Join SI Premium – FREE
Canaccord Genuity maintains a 'Buy' on FuelCell Energy (NASDAQ: FCEL) price target of $3.00.
Analyst, John Quealy, said, "We maintain our rating as incremental POSCO (NYSE: PKX) order flow keeps near-term visibility intact, while a $30M equity investment helps support the balance sheet into ’13. That said, the speculative risk profile (and share volatility) remains...Our F2012 revenue and EPS estimates adjust to $137.6M/$(0.17) from $139.0M$(0.21), while ‘13 goes to $155M/$(0.11) from $155M/$(0.15)."
For an analyst ratings summary and ratings history on FuelCell Energy click here. For more ratings news on FuelCell Energy click here.
Shares of FuelCell Energy closed at $1.61 yesterday.
Analyst, John Quealy, said, "We maintain our rating as incremental POSCO (NYSE: PKX) order flow keeps near-term visibility intact, while a $30M equity investment helps support the balance sheet into ’13. That said, the speculative risk profile (and share volatility) remains...Our F2012 revenue and EPS estimates adjust to $137.6M/$(0.17) from $139.0M$(0.21), while ‘13 goes to $155M/$(0.11) from $155M/$(0.15)."
For an analyst ratings summary and ratings history on FuelCell Energy click here. For more ratings news on FuelCell Energy click here.
Shares of FuelCell Energy closed at $1.61 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Advance Auto Parts (AAP) PT Lowered to $48 at DA Davidson Following 25% Selloff Post Q2 Results
- Deere (DE) PT Raised to $585 at JPMorgan
- Clear Street Reiterates Buy Rating on Anterix Inc. (ATEX)
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS ViewSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
