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Fly News Breaks for July 21, 2017
WMT, PLUG
Jul 21, 2017 | 13:02 EDT
Roth Capital analyst Craig Irwin contends that Plug Power (PLUG) is buying 2017 revenue, margin, and earnings visibility from Wal-Mart (WMT) with its agreement which includes the issuance of dilutive warrants, while the company is also eroding the quality of its future revenue, margins, and earnings with the deal. He keeps a Sell rating and $1.30 price target on Plug Power shares, which are up 12% to $2.38 in afternoon trading.
News For PLUG;WMT From the Last 2 Days
WMT
Apr 19, 2024 | 15:20 EDT
