Fuelcell Energy: Price Target of 30 USD Meets Billion-Dollar Order Backlog
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The strategic focus on data centers drives the order backlog of Fuelcell Energy (FCEL) to over 3.6 billion USD. Canaccord Genuity sees high price potential and maintains a price target of 30 USD. Production capacities are being specifically expanded to meet the growing commercial Ndemand. Positioning in the Clean Energy Sector Fuelcell Energy (FCEL) has established itself as a developer and manufacturer of fuel cell systems that enable decentralized and low-emission energy supply. The business model is increasingly focusing on the growing...
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