Plug Power Inc

PLUG: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$5.60	Zhhb	Pphvz

Plug Power: Green Hydrogen Plant Tour Shows Signs of Progress, Growing Pains

Brett Castelli

Aug 23, 2023

We maintain our $11.50 fair value estimate for Plug Power after touring its green hydrogen plant in Georgia. We see shares as undervalued and view the company as a high-risk, high-reward investment on the green hydrogen economy.

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