B. Riley Securities Maintains Neutral on FuelCell Energy, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Christopher Souther has maintained a Neutral rating on FuelCell Energy (NASDAQ:FCEL) and lowered the price target from $2.5 to $2.

March 08, 2024 | 1:47 pm
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B. Riley Securities maintains a Neutral rating on FuelCell Energy and lowers the price target from $2.5 to $2.
The reduction in the price target by B. Riley Securities could lead to a negative perception among investors regarding FuelCell Energy's future stock performance. This adjustment reflects a less optimistic outlook from the analyst, potentially influencing investor sentiment and causing short-term price pressure.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100