UPDATE: Cowen Upgrades Plug Power (PLUG) to Outperform
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Roth Slashes PT on Plug Power (PLUG) to $3.75; Amid Positive Outlook, Several Areas Still Need Addressing
May 15, 2014 8:38 AM EDTRoth Capital is cutting its price target on Plug Power (Nasdaq: PLUG) from $8 down to $3.75. The firm maintains its Neutral rating on PLUG.
Analyst Matt Koranda noted that PLUG's Q1 revs of $5.6 million and adjusted loss of $.06 per share compared with the firms expectations of $5.4 million and $.04 per share, respectively.
Koranda noted, While the... More
Plug Power (PLUG) Posts Wider than Expected Q1 Loss of 6c/Share
May 14, 2014 7:01 AM EDTPlug Power (NASDAQ: PLUG) reported Q1 EPS of ($0.06), $0.01 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $5.6 million versus the consensus estimate of $5.35 million.
"We are focused on building a large profitable company," said Andy Marsh, CEO at... More
