FuelCell Energy Reports Third Quarter of Fiscal 2024 Results

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FuelCell Energy (FCEL) PT Lowered to $1.25 at Canaccord Genuity

September 5, 2024 3:58 PM EDT

Canaccord Genuity analyst Jed Dorsheimer lowered the price target on FuelCell Energy (NASDAQ: FCEL) to $1.25 (from $1.50) while maintaining a Hold rating.

The analyst comments "FuelCells July quarter results were underlined by expanded backlog, the shipment of the first 6 GGE contract modules, along... More