Plug Power Stock Bounces After Bull Note

Plug Power Inc (NASDAQ:PLUG) stock is up 1.6% to trade at $4.52 this morning -- and earlier broke out of penny stock territory -- after Roth MKM upgraded the hydrogen energy concern to "buy" from "neutral," and doubled its price target to $9. Plug Power's Georgia facility is bolstering confidence, with major technical issues currently "handled, addressing our prior concerns about backlog and margin visibility." There's room for pessimism to unwind as well. While seven covering brokerages rate PLUG a "strong ...