FuelCell Energy Reports Second Quarter 2017 Financial Results and Business Update

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FuelCell Energy (FCEL) PT Lowered to $2 at Cowen; Low Utilization Rates

June 8, 2017 5:52 PM EDT

Cowen analyst Jeffrey Osborne lowered his price target on FuelCell Energy (NASDAQ: FCEL) to $2.00 (from $2.50) while maintaining a Outperform rating following results which showed low utilization rates.

Osborne notes a decision on proposals submitted under PSEG's 40MW fuel cell only... More