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Wajeeh Khan

FuelCell Stock Just Scored a New Bullish Rating. What to Know.

FuelCell Colin Rusch FCEL Oppenheimer Fuelcell Energy

FuelCell Energy (FCEL) shares are inching higher on Tuesday morning after Oppenheimer’s lead analyst Colin Rusch initiated coverage with an “Outperform” rating. In his research note, Rusch assigned a bullish $24 price target on FCEL, indicating the clean energy technology company could rally nearly 50% from its previous close.

FuelCell stock performance has been nothing short of impressive in 2026, even though it currently sits at less than half its price in late June.

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