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Fuelcell Energy Stock Soars After UBS Upgrade

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Fuelcell Energy Stock Soars After UBS Upgrade

FuelCell Energy shares surged Tuesday as investors digested a new collaboration with Siemens, a bullish analyst upgrade, and signs of stabilization after last week’s discounted equity offering. The combined catalysts appear to have improved near-term sentiment on FCEL’s business outlook, driving the day’s rebound.

Analysis

FuelCell Energy shares surged Tuesday as investors digested a new collaboration with Siemens, a bullish analyst upgrade, and signs of stabilization after last week’s discounted equity offering. The combined catalysts appear to have improved near-term sentiment on FCEL’s business outlook, driving the day’s rebound.

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mildly positive

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