Why Shares of FuelCell Energy Jumped 20.8% Today

Shares of FuelCell Energy (NASDAQ: FCEL) jumped as much as 20.8% in trading Thursday after getting a notable upgrade from an analyst. The stock held double-digit gains most of the day and was up 12.3% at 1 p.m. EDT. 

J.P. Morgan analyst Paul Coster initiated coverage on FuelCell Energy stock with an overweight rating and a $3 price target. The price implies a nearly 40% upside from yesterday's closing price. 

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Source Fool.com