Plug Closes Loan Guarantee from the U.S. Department of Energy

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Citi Reiterates Sell Rating on Plug Power (PLUG), PT $1.50

January 17, 2025 7:37 AM EST

Citi analyst Vikram Bagri reiterated a Sell rating and $1.50 price target on Plug Power (NASDAQ: PLUG).

The analyst comments "After market, as anticipated (see note), PLUG announced it has closed its $1.66B loan guarantee from the DOEs Loan Programs Office. This... More