Plug Power (PLUG) Highlights Year of Strategic Growth and Advancements

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Go back to Plug Power (PLUG) Highlights Year of Strategic Growth and Advancements

Roth/MKM Positive on Plug Power (PLUG): '2H24 Margins Should Climb Rapidly'

March 4, 2024 7:35 AM EST

Roth/MKM analyst Craig Irwin reiterated a Buy rating and $9.00 price target on Plug Power (NASDAQ: PLUG).

The analyst comments "Plug reported transitional 4Q23 results as mgmt works to wiggle past a difficult balance sheet position. The most substantial near-term catalysts... More

Why Plug Power (PLUG) stock is down today

March 1, 2024 10:14 AM EST

Plug Power (NASDAQ: PLUG) stock dropped 10% Friday after the hydrogen fuel cell system developer disclosed 2023 results that missed expectations but said it resolved the "going concern" issues.

The company stated there is "no longer substantial doubt of the company's ability to... More