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FuelCell price target lowered to $5 from $30 at Wells Fargo

FuelCell price target lowered to $5 from $30 at Wells Fargo

Wells Fargo analyst Praneeth Satish lowered the firm’s price target on FuelCell (FCEL) to $5 from $30 to reflect a more conservative revenue growth forecast given lack of visibility into future sales. The firm keeps an Underweight rating on the shares.

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