Tag Archive : Climbs

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American Well AMWL shares jumped on Monday after coverage of the stock was initiated by a number of analysts four weeks following the Boston telehealth company’s debut on the New York Stock Exchange. 

Amwell shares were trading at $34.29, up 5%, at last check. Here’s what Wall Street is saying:

Morgan Stanley analyst Ricky Goldwasser initiated coverage of the stock with an equal weight rating and $35 price target, saying the company’s telehealth platform is poised to gain share within a “large and expanding” market.

UBS’s Kevin Caliendo initiated coverage of Amwell with a neutral rating and $29 price target. 

Caliendo says the neutral rating reflects the stock’s 81% climb since its IPO in mid-September. But the company has the potential to accelerate its growth above the estimated 27% revenue growth excluding acquisitions that Caliendo anticipates. 

Goldman Sachs initiated coverage of Amwell with a neutral rating and $31 price target. 

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FuelCell Energy  (FCEL) – Get Report was climbing Friday after the clean-power producer and storage company said it had been awarded an $8 million contract by the U.S. Department of Energy.

Shares of the Danbury, Conn., company at last check were up 6.7% to $2.54. 

FuelCell Energy said the contract supports design and manufacture of a SureSource electrolysis platform that can produce hydrogen.

The project will be the first multistack electrolysis system produced with its solid oxide technology.

The system will be equipped with an option to receive thermal energy, thus increasing the electrolysis electrical efficiency to more than 90%.

After the system is designed and built at the FuelCell Energy’s Danbury facility, it will be delivered to Idaho National Laboratories for testing.

“This highly efficient electrolysis platform is expected to provide much needed flexibility to base-load nuclear power generation,” the company said in a statement. 

“Additionally, beyond

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