FuelCell Energy (FCEL) Tops Q1 EPS by 3c

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FuelCell Energy (FCEL) PT Lowered to $1.25 at Jefferies

March 8, 2024 9:46 AM EST

Jefferies analyst Lloyd Byrne lowered the price target on FuelCell Energy (NASDAQ: FCEL) to $1.25 (from $1.50) while maintaining a Hold rating.

The analyst comments "FCEL missed on sales and gross margins. The company also provided a lower trajectory vs cons for service sales... More