- FuelCell Energy Inc (NASDAQ:FCEL) price target has been lowered to $3 (a downside of 19%) from $6 by Craig-Hallum analyst Eric Stine.
- The analyst maintained the Hold rating on the shares.
- Stine specified that the company reported Q2 results well below expectations, with backlog up modestly on a sequential basis.
- Related: FuelCell Energy Shares Slide Post Q2 Miss
- FuelCell continues to demonstrate excellent momentum in expanding its Generation Portfolio, although the analyst would want to see additional product traction beyond POSCO Holdings (NYSE:PKX).
- Price Action: FCEL shares are trading lower by 2.24% at $3.72 on the last check Friday.
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RBC Capital Maintains Outperform on American Homes 4 Rent, Raises Price Target to $45
RBC Capital analyst Brad Heffern maintains American Homes 4 Rent (NYSE:AMH) with a Outperform and raises the price target from $43 to $45.
