Plug Power Announces 2023 Second Quarter Results
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Roth/MKM Downgrades Plug Power (PLUG) to Neutral, 'Cash Becoming An Issue'
August 10, 2023 7:44 AM EDTRoth/MKM analyst Craig Irwin downgraded Plug Power (NASDAQ: PLUG) from Buy to Neutral with a price target of $7.50 (from $13.00).
The analyst comments "Downgrading Plug to Neutral (from Buy) and lowering our PT to $7.50 (from $13). Gross margin challenges in 2Q23 are unlikely... More
