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Stock impact report

Vertical downgrades ABB to Sell on near-term worries [Seeking Alpha]

FuelCell Energy, Inc. (FCEL) 
Last fuelcell energy, inc. earnings: 3/16 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.fce.com/investors/default.aspx
Company Research Source: Seeking Alpha
Vertical downgrades ABB to Sell on near-term worries - ABB LTD. (NYSE:ABB) | Seeking Alpha Vertical downgrades ABB to Sell on near-term worries Jan. 10, 2019 6:21 PM ET | ABB LTD. (ABB) Jason Aycock Vertical Research has downgraded It's trimmed its 2019 operational EPS estimate to $0.98 from $1.47, and cut its price target to $17 from $22, implying 14.2% downside. "Even before the recent plunge in oil and mounting trade pressures on China we were concerned backlog was insufficient to support the 2019 outlook," writes analyst Jeffrey Sprague. He agrees though that exiting Power Grids will make the company more attractive in the long term. (h/t Bloomberg) Shares are down 0.3% Click to subscribe to real-time analytics on ABB Now read: FuelCell Energy, Inc. 2018 Q4 - Results - Earnings Call Slides » Subscribe Show less Read more
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