FuelCell Energy Announces Operations Commencement and Funding of a Wastewater Power Project Including Renewable Biogas Processing

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Go back to FuelCell Energy Announces Operations Commencement and Funding of a Wastewater Power Project Including Renewable Biogas Processing

FBR Likes Near-Term Catalysts for FuelCell Energy (FCEL); Affirms at 'Outperform'

September 9, 2016 6:43 AM EDT

FBR & Co. affirms FuelCell Energy (Nasdaq: FCEL) with an Outperform rating and $9 price target after the company reported Q3 results earlier this week.

Analyst Carter Driscoll commented today, Despite weak F3Q16 revenue, which we believe reflects a timing issue, multiple projects should be monetized in F4Q, as FCEL maintained... More