KeyBanc Reiterates Sector Weight Rating on FuelCell Energy (FCEL)

KeyBanc analyst Sangita Jain reiterated a Sector Weight rating on FuelCell Energy (NASDAQ: FCEL).

The analyst commented, "FCEL reported a mostly in-line quarter with sequential improvement in segment margins and execution of the previously announced GGE order. Expense management and capital discipline remain a key focus as it executes on existing growth opportunities in backlog (SOFCs, carbon capture, and H2 power generation). We remain SW while we wait for demand trends to accelerate."

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 $0.42 yesterday.

You May Also Be Interested In

• Casey's General Stores (CASY) PT Raised at KeyBanc with 'Momentum Heading into Investor Day'
• Lionsgate Studios Corp (LION) PT Raised to $17 at Benchmark on Long-Term Business Dynamics
• Datadog (DDOG) PT Raised to $260 at Benchmark as Checks Reveal Positive Feedback