Susquehanna analyst Biju Perincheril lowered the firm’s price target on Plug Power to $28 from $30 and keeps a Positive rating on the shares. The analyst said the 3Q top and bottom-line results missed his and consensus forecasts, as it appears anticipated delays in 2H22 were more weighted to 3Q.
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Published first on TheFly
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Read More on PLUG:
- Plug Power reaffirms FY23 revenue view $1.4B, consensus $1.37B
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