Why TD Cowen Is No Longer Bullish on Plug Power Inc. (PLUG)

Plug Power Inc. (NASDAQ:PLUG) is among the overlooked penny stocks to invest in. On January 9, TD Securities trimmed its price target on Plug Power Inc. (NASDAQ:PLUG) to $2 from $4 and downgraded the stock from Buy to Hold. According to the firm, uncertainty continues to build around demand, and risks tied to execution exist for the company’s prime offerings. With worries regarding the ramp-up in electrolyzers and material handling, which the firm believes is materializing slower than previously thought, ...