Oppenheimer Begins Coverage on FuelCell Energy (NASDAQ:FCEL)

Oppenheimer Begins Coverage on FuelCell Energy (NASDAQ:FCEL)

Oppenheimer assumed coverage on shares of FuelCell Energy in a research note on Tuesday. They issued an "outperform" rating and a $24.00 price objective on the stock.

FuelCell Energy (FCEL) Stock Gets $24 Price Target from Oppenheimer Amid AI Power Demand

FuelCell Energy (FCEL) stock surged after Oppenheimer set a $24 price target, citing AI data center demand and production capacity expansion plans.

FuelCell Energy (FCEL) Stock: Oppenheimer Sees 49% Upside – Here’s Why

TLDR Oppenheimer analyst Colin Rusch started coverage of FuelCell Energy with an Outperform rating and a $24 price target. The target implies 49% upside from Monday’s closing price of $16.14. FuelCell stock rose as much as 8% to $17.40 on Tuesday morning. Rusch expects production capacity to reach...