FuelCell Energy Reports Fourth Quarter of Fiscal 2022 Results

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FuelCell Energy (FCEL) PT Lowered to $4 at Cowen

December 20, 2022 3:33 PM EST

Cowen analyst Jeffrey Osborne lowered the price target on FuelCell Energy (NASDAQ: FCEL) to $4.00 (from $5.00) while maintaining a Market Perform rating following earnings.

The analyst commented, "FuelCell's revenue of $39.2mn and adjusted EPS of -$0.11 both came in well below expectations. Replacement... More