Plug Power (PLUG) PT Lowered to $2 at Craig-Hallum

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Citi Reiterates Sell Rating on Plug Power (PLUG), PT $0.75

May 13, 2025 10:57 AM EDT

Citi analyst Vikram Bagri reiterated a Sell rating and $0.75 price target on Plug Power (NASDAQ: PLUG).

The analyst comments "Negative. PLUG continues to face several headwinds. 1Q revenues were in-line but gross margins missed. EPS missed due to lower margins and restructuring charges,... More