FuelCell Energy (FCEL) Says Beacon Falls Energy Park Project Not Selected for New England Clean Energy RFP
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FBR Capital Downgrades FuelCell Energy (FCEL) to Market Perform - PT to $5.50
October 26, 2016 7:36 AM EDTFBR Capital downgraded FuelCell Energy (NASDAQ: FCEL) from Outperform to Market Perform with a price target of $5.50 (from $9.00). FCEL disclosed yesterday that it did not win approval to move into contract negotiations for the 63.3 MW project located at Beacon Falls, CT. FBR had expected FCEL to win the Beacon Falls project due to its solid profile and other positive qualitative characteristics. Over the project's first 3.5 years,... More
FBR Capital Downgrades FuelCell Energy (FCEL) to Market Perform
October 26, 2016 7:36 AM EDTFBR Capital downgraded FuelCell Energy (NASDAQ: FCEL) from Outperform to Market Perform with a price target of $5.50 (from $9.00).
Analyst Carter Driscoll commented, ". Yesterday, FCEL disclosed that it did not win approval to move into contract negotiations for the 63.3 MW project located at Beacon Falls, CT. Management... More
Roth Capital Downgrades FuelCell Energy (FCEL) to Neutral on Beacon Falls Miss
October 25, 2016 9:27 AM EDTRoth Capital downgrades FuelCell Energy (Nasdaq: FCEL) from Buy to Neutral and cuts its price target from $7.50 down to $4, noting that the New England Clean Energy RFP did not select the company's Beacon Falls project for funding.
The firm commented... More
