Plug Power (PLUG) Misses Q2 EPS by 1c; Revs Light

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Plug Power (PLUG): Improving Metrics As Customer Base Diversifies - FBR Capital

August 5, 2016 7:40 AM EDT

FBR Capital analyst Carter Driscoll reiterated a Outperform rating and $3 price target on Plug Power (NASDAQ: PLUG) saying project financing obscures improving metrics.

Driscoll commented, "PLUG's 2Q16 results appear weak with $20.5 million in revenues, modestly positive gross margin, and GAAP EPS of ($0.07). However, PLUG is... More