Cowen Remains Positive on Plug Power (PLUG), but Margins Need to Show Improvement

Go back to Cowen Remains Positive on Plug Power (PLUG), but Margins Need to Show Improvement

Amid Plug Power's (PLUG) Achievements, More Gross Margin Improvement Needed; Roth Trims PT to $2.60

March 18, 2015 6:26 AM EDT

Roth Capital trims its price target on Plug Power (Nasdaq: PLUG) from $4 down to $2.60 following Q4 results and outlook issued earlier this week.

Analyst Matt Koranda offered the following overall thoughts following PLUG's quarterly report: In our view, PLUG is making... More

Plug Power (PLUG) Reports In-Line Q4 Loss of 4c/Share

March 17, 2015 7:01 AM EDT

Plug Power (NASDAQ: PLUG) reported Q4 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at $21.45 million versus the consensus estimate of $26.3 million.

Specifically in the fourth quarter, the Company achieved another record quarter for shipments, with a 243%... More