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March 12, 2014
09:44 EDTFCELFuelCell trades lower for second session, levels to watch
The shares hit a fresh 52-week high of $4.74 in trading yesterday, only to reverse and close lower on the session. Today the shares are down another 13%, trading near a breakout point for the shares at the $2.50 area. With price last at $2.84, that $2.50 level is next important support. Resistance is at $3.17. Cowen downgraded the shares on valuation to Market Perform. Stifel raised its price target to $4.10.
News For FCEL From The Last 14 Days
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August 28, 2014
08:36 EDTFCELFuelCell's carbon capture project receives $1.2M from U.S. DOE to advance
FuelCell Energy announced the progression into stage three of a carbon capture development project supported by a previously announced award from the U.S. Department of Energy Office of Fossil Energy's Carbon Capture Program. The project focuses on using Direct FuelCell technology to separate carbon dioxide from the emissions of coal-fired power plants. FuelCell Energy has received $1.2M to continue into phase three of the project including the validation of the CO2 capture process using a DFC fuel cell stack.
August 20, 2014
10:54 EDTFCELFuelCell mentioned cautiously by TheStreetSweeper
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