FCEL is trading 19% up at $28.56 amid strong follow-through buying following recent analyst upgrades and momentum-driven gains.

  • B. Riley recently raised its rating to Buy and lifted its price target to a Street-high $32, citing FCEL’s emerging data center power franchise.
  • The rally follows a 22.14% surge on June 26 after Jefferies upgraded the stock to Buy with a $24 price target.