Plug Power Inc

PLUG: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$4.60	Tlvb	Zkmy

Plug Power Announces Strategic Partnership With Johnson Matthey

Brett Castelli

Jan 31, 2023

On Jan. 21, Plug Power announced a strategic partnership with Johnson Matthey focused on key component manufacturing for fuel cells and electrolyzers. We maintain our $23 fair value estimate and continue to view Plug shares as undervalued.

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