BUZZ-FuelCell Energy appoints new Chief Financial Officer; stock price hit

October 7 - ** FuelCell EnergyFCEL.O shares fell 7.3% in premarket trading, to $19.15

** The company has appointed Matthew Latino as Chief Financial Officer, as part of a planned leadership transition. He will replace Michael Bishop

** Latino previously worked at water technology company Xylem XYL.N as Senior Vice President of Finance and CFO of its Measurement & Control Solutions business

** Michael Bishop will remain as Senior Advisor until FCEL's 2027 Annual Shareholders Meeting to support the leadership transition

** Of 11 brokerages, 6 rate the stock as “buy” or higher, 3 as “hold,” and 2 as “sell”; the median target price is $22—LSEG compiled data

** As of yesterday’s close, the stock has risen more than 180% year-to-date

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