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FCEL

FuelCell

$19.13 /

+0.08 (+0.42%)

06:18
01/14/21
01/14
06:18
01/14/21
06:18

'Richly valued' FuelCell downgraded to Underweight at JPMorgan

JPMorgan analyst Paul Coster downgraded FuelCell Energy to Underweight from Neutral with an unchanged price target of $10. The stock closed Wednesday up 9c to $19.14. FuelCell's solid oxide fuel cell solutions could take even longer to commercialize, but the company also has a "strong backlog" and strengthened balance sheet with which to execute on the current portfolio of SureSource solutions, Coster tells investors in a research note. The analyst, however, thinks the stock is "richly valued here." He cites valuation for the downgrade to Underweight.

  • 30

    Sep

  • 02

    Dec

FCEL FuelCell
$19.13 /

+0.08 (+0.42%)

01/14/21 JPMorgan
FuelCell downgraded to Underweight from Neutral at JPMorgan
01/07/21 Jefferies
FuelCell initiated with a Hold at Jefferies
12/09/20 Canaccord
FuelCell enthusiasm ahead of fundamentals, Canaccord starts with Hold
12/09/20 Canaccord
FuelCell initiated with a Hold at Canaccord

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