FuelCell Energy Posts Mixed Results; Bullish View On Kenvue
- September 11th, 2023
- 429 views
FuelCell Energy, Inc. (Nasdaq: FCEL), a renewable energy company, reported a third-quarter fiscal 2023 loss of $(0.06) per share, better than the consensus estimate loss of $(0.08). The company's quarterly sales amounted to $25.51 million, slightly below analysts' projected revenue of $27.72 million for the period.
$FCEL was trading at $1.43 in pre-market, down $0.01 (-0.69%).
In other news, Deutsche Bank has upgraded Kenvue Inc. (NYSE: KVUE) from Hold to Buy and concurrently introduced a $27 price target.
Considering that $KVUE closed at $21.30 on Friday, this price target suggests a potential upside of $5.70 per share or approximately 26.76%, based on the investment firm's view.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Key Earnings Ahead for Netflix, Fastenal, and U.S. Bancorp
January 18th, 2026Louisville Thunder Appoints Veteran Coach Mike Reed to Lead Program
January 15th, 2026FDA Approves First Treatment for Children With Menkes Disease
January 13th, 2026January 13th, 2026Wall Street Eyes Bank of America, Wells Fargo, Citi Ahead of Earnings
January 11th, 2026
Member Login