Plug Power to Announce 2013 Fourth Quarter and Year-End Results on March 13, 2014

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Go back to Plug Power to Announce 2013 Fourth Quarter and Year-End Results on March 13, 2014

Cowen Lifts PT on Plug Power (PLUG) to $5.50; Wal-mart Deal, Management Meetings Bolster Confidence

March 3, 2014 10:00 AM EST

Cowen and Company is boosting its price target on Plug Power (Nasdaq: PLUG) from $5 up to $5.50 and keeping its Outperform rating on the stock Monday following recent meetings with management.

Analyst Robert Stone noted that his confidence in Plug Power growing recurring revenue has improved. Key points include the recent deal with Wal-mart and expectations for more deals with... More