Plug Power (PLUG) Misses Q3 EPS by 1c, Beats on Revenues

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Go back to Plug Power (PLUG) Misses Q3 EPS by 1c, Beats on Revenues

Plug Power (PLUG) Q3 'Weak', 60% of Sales to Wal-Mart and Amazon Were Paid with Warrant 'Gift' - Roth

November 10, 2017 1:36 PM EST

Roth Capital analyst Craig Irwin reiterated a Sell rating and $1.30 price target on Plug Power (NASDAQ: PLUG) after a "weak" Q3.

Irwin notes both Wal-Mart and Amazon agreements have raised revenue visibility. However, he suspect both customers will need a minimum PLUG... More