Canaccord Genuity Maintains Hold on FuelCell Energy, Lowers Price Target to $1.25
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Hold rating on FuelCell Energy but lowered the price target from $1.50 to $1.25, indicating a cautious outlook on the stock.
September 06, 2024 | 4:18 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Canaccord Genuity has maintained a Hold rating on FuelCell Energy but lowered the price target from $1.50 to $1.25, indicating a cautious outlook on the stock.
The lowering of the price target from $1.50 to $1.25 by Canaccord Genuity suggests a negative sentiment towards FuelCell Energy's short-term performance. The Hold rating indicates that the analyst does not see significant upside potential, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100