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Actionable news in FCEL: FuelCell Energy, Inc.,

Roth Starts FuelCell Energy At Buy, $12 Target, Cites Anticipated Orders

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FuelCell Energy Inc FCEL 5.12% has a $2bn pipeline with utility and industrial power customers. Roth Capital Partners’ Craig Irwin initiated coverage of the company with a Buy rating and a price target of $12, saying that the market seems to be underappreciating the company’s progress in product cost cuts.

Analyst Craig Irwin believes that management is well-positioned to execute on the $2bn pipeline with utility and industrial power...