Roth Capital Downgrades Plug Power (PLUG) to Neutral
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Plug Power (PLUG) Bulls Deflated Heading Into Weekend (FCEL) (BLDP)
March 14, 2014 2:33 PM UTCPlug Power (Nasdaq: PLUG), FuelCell Energy (Nasdaq: FCEL), and Ballard Power Systems (Nasdaq: BLDP) were pressured again on Friday. Declines follow a volatile week and an intense debate on the Street.... More
Cowen Downgrades Plug Power (PLUG) to Market Perform; Valuation Full, But FY14 Still Has Potential
March 14, 2014 9:49 AM UTCCowen and Company downgrades Plug Power (Nasdaq: PLUG) from Outperform to Market Perform, but raises its price target from $5.50 up to $7.50 following Q4 results.
Analyst Robert Stone commented that targeted bookings of $150 million in 2014 could yield a year-end backlog of $130 million, which... More
Roth Cuts Plug Power (PLUG) to Neutral; Valuation Full, N-T Risks Remain
March 14, 2014 8:45 AM UTCRoth downgrades Plug Power (Nasdaq: PLUG) from Buy to Neutral, while maintaining its $8 price target.
Analyst Philip Shen sees Plug Power shares as fully valued at current levels, ebbing of bookings growth, and near-term execution risks on the radar.
Shen noted that year-to-date bookings were $60... More
Cowen Downgrades Plug Power (PLUG) to Market Perform
March 14, 2014 6:59 AM UTCCowen downgraded Plug Power (NASDAQ: PLUG) from Outperform to Market Perform with a price target of $7.50 (from $5.50).
For an analyst ratings summary and ratings history on Plug Power click here.... More
Plug Power (PLUG) Giving Up Some Early Gains
March 13, 2014 10:21 AM UTCPlug Power (NASDAQ: PLUG) is well off the highs of the day after lackluster Q1 revenue guidance and other comments from the call. Plug Power said it sees Q1 revenue $5-$6 million, versus the consensus of $7.85 million. They see FY revenue of $70 million, versus the... More
Plug Power (PLUG) Sees Q1 Sales Below the Street, FY Above
March 13, 2014 10:13 AM UTCOn its call, Plug Power (NASDAQ: PLUG) said it sees Q1 revenue $5-$6 million, versus the consensus of $7.85 million. They see FY revenue of $70 million, versus the consensus of $63.7 million.... More
Plug Power (PLUG) Reports In-Line Q4 Loss of 8c/Share
March 13, 2014 7:01 AM UTCPlug Power (Nasdaq: PLUG) reported Q4 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $8.03 million versus the consensus estimate of $7.45 million.
Bookings came in at $32 million during the last three months of 2013.
Strong fourth quarter product sales and maintenance orders were received from significant customers such as Walmart, Kroger, BMW and... More
Citron Says Plug Power (PLUG) Fair Value is 50 Cents
March 11, 2014 11:33 AM UTC(Updated - March 11, 2014 11:43 AM EDT)
Shares of Plug Power (NASDAQ: PLUG) weakened slightly mid-day after Citron Research said the fair value of the stock is 50 cents, which is a blended average of all of their recent capital raises.
Citron notes on... More
