Plug Continues to Make Substantial Advancement in Hydrogen Generation Buildout

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Go back to Plug Continues to Make Substantial Advancement in Hydrogen Generation Buildout

Truist Securities on Plug Power (PLUG): 'Still Early in the "Show Me" Story'

April 23, 2024 9:01 AM EDT

Truist Securities analyst Jordan Levy reiterated a Hold rating and $4.00 price target on Plug Power (NASDAQ: PLUG).

The analyst comments "This morning, PLUG announced that both its Georgia & Tennessee hydrogen plants have achieved nameplate capacity, bringing the company's total hydrogen production capacity to ~25TPD or ~50% of current volume needs from PLUG's customer... More