Plug Power Inc. Announces Pricing of Public Offering of Common Stock

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Go back to Plug Power Inc. Announces Pricing of Public Offering of Common Stock

BMO Capital Reiterates Underperform Rating on Plug Power (PLUG), 'liquidity situation appears more perilous than even we though'

July 19, 2024 7:15 AM EDT

BMO Capital analyst Ameet Thakkar reiterated an Underperform rating and $2.25 price target on Plug Power (NASDAQ: PLUG)

The analyst comments "PLUG's liquidity situation appears more perilous than even we thought. At close of market, PLUG announced a $200MM equity offering and its... More