Clean Energy Fuels slips on bearish Raymond James note

|About: Clean Energy Fuels Corp. (CLNE)|By:, SA News Editor

Clean Energy Fuels (CLNE -1.8%) trades lower as Raymond James is out with some bearish commentary.

Analyst Pavel Molchanov calls the shares a "relative short" and says the company's retail fuel margins may come under pressure, moving from $0.30-0.35/gallon to $0.15-0.20/share.

Molchanov also says the company's leverage may be nearing the "danger zone."

Underperform rating maintained.