Roth Capital Downgrades FuelCell Energy (FCEL) to Neutral on Beacon Falls Miss
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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
FuelCell Energy (FCEL) Says Beacon Falls Energy Park Project Not Selected for New England Clean Energy RFP
October 25, 2016 8:34 AM EDTFuelCell Energy (NASDAQ: FCEL) disclosed the following in a U.S. SEC filing on Tuesday:
Item 8.01 - Other Events.
As FuelCell Energy, Inc. (the Company) has previously disclosed, the Beacon Falls Energy Park project is a 63.3 megawatt (MW) fuel cell facility proposed to be built at a former sand and gravel mine in Beacon Falls, Connecticut using the Companys fuel cell power plants (the Project). This Project has been under development for several years and in January, 2016, Beacon Falls... More
