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Fusion Fuel price target lowered to $3.50 from $12 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Fusion Fuel to $3.50 from $12 and keeps a Buy rating on the shares. The analyst cites the company’s lowered guidance for 2023 and shift in strategy that eliminates expected contributions from the HEVO Solar offering going forward for the target cut.

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