Why Clean Energy Fuels Stock Slumped This Week

Clean Energy Fuels (CLNE) stock fell nearly 12% this week after Raymond James analyst Pavel Molchanov cut his price target from $4 to $2.50 per share, citing the company's adjusted net loss in Q2 results. Despite the significant cut, Molchanov maintained a strong buy rating, expressing optimism about natural gas fuel growth prospects and the company's diversification efforts.