Plug Power (PLUG) Shorts Add to Bets on Pop
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Plug Power (PLUG) Wal-Mart Agreement Further Erodes Revs, Margin, and Earnings; Reit Sell - Roth Capital
July 21, 2017 12:55 PM UTCRoth Capital analyst Craig Irwin reiterated a Sell rating and $1.30 price target on Plug Power (NASDAQ: PLUG) following today's expended Wal-Mart deal.
"Both the WMT and Amazon (AMZN, NC) agreements should raise revenue visibility, but we suspect both customers will need a... More
Plug Power (PLUG) Reports Expanded Collaboration With Walmart
July 21, 2017 7:02 AM UTCPlug Power Inc. (NASDAQ: PLUG), a leader in providing energy solutions that change the way the world moves, announces a new collaborative agreement with Walmart to facilitate further expansion of its ongoing relationship with Wal-Mart Stores, Inc. (NYSE: WMT). The new agreement includes revised deal terms with Walmart that allow Plug Power to access project financing at a lower cost of capital and no restricted cash, making Plug Powers future distribution transactions with Walmart cash flow positive up front. Plug Power expects to provide its GenKey hydrogen... More
