11/19/2023 0 Comments Plug power stock invest![]() The facility’s systems and design were “quite impressive.”īiju Perincheril, a bottom 8% analyst from Susquehanna maintains PLUG with a strong buy rating and lowers their PLUG price target from $15.00 to $14.00, on Aug 14, 2023. Thakkar noted that Plug Power held its 3 Analyst Day event at its green hydrogen production facility in Georgia, which is in the final stages of commissioning. Lack of visibility concerns related to financing for Plug Power’s H2 plants under development account for their price target cut, Thakkar said.Īll we have to go on at this point, the analyst continued, is management’s "previously announced" plans to explore selling preferred interests in those facilities to potential "JV partners." The analyst maintained their Hold rating on the stock.
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