Form 8-K PLUG POWER INC For: Oct 19

Go back to Form 8-K PLUG POWER INC For: Oct 19

Plug Power (PLUG) PT Lowered to $25 at Jefferies

October 21, 2022 8:50 AM EDT

Jefferies analyst Sam Burwell lowered the price target on Plug Power (NASDAQ: PLUG) to $25.00 (from $28.00) while maintaining a Buy rating.

The analyst commented, "PLUG's underperformance in the wake of Wednesday's Symposium was driven in our view by 1) weaker than expected gross margin guidance... More