FuelCell price target lowered to $2 from $2.50 at B. Riley

B. Riley analyst Ryan Pfingst lowered the firm’s price target on FuelCell to $2 from $2.50 and keeps a Neutral rating on the shares. The company’s fiscal Q1 results missed estimates on lumpy service revenue, the analyst tells investors in a research note. The firm continues to believe progress on solid oxide and carbon capture will be key for the stock.