FuelCell Energy (FCEL -1.9%) is initiated at Market Perform with a $1.50 price target by...

|About: FuelCell Energy, Inc. (FCEL)|By:, SA News Editor

FuelCell Energy (FCEL -1.9%) is initiated at Market Perform with a $1.50 price target by FBR Capital, which likes longer-term prospects stemming from recent improvements in FCEL's product and service solution offerings, coupled with marketing and cost-control initiatives under a new CEO. Still, the firm is mindful that near-term sentiment does not favor microcap renewable power companies.