FuelCell Energy Surges 17% Amid Multiple Catalysts, Outperforming Peers
FuelCell Energy (FCEL) surged 17% in morning trading on June 29, driven by a $49 million financing package from EXIM Bank and an upgrade to 'Buy' with a $32 price target from B. Riley. The stock has gained over 308% year-to-date, outperforming peers like Bloom Energy (BE) (+6%) and Plug Power (PLUG).
Topics: analyst upgrade Bloom Energy EXIM Bank financing Fuel Cell Plug Power