Plug Power Stock Has 16% Upside, According to 1 Wall Street Analyst
Plug Power(PLUG) The Motley Fool·2024-03-03 11:57
From the start of the year through the end of trading last week, Plug Power (PLUG 10.20%) stock has vastly underperformed the market. Whereas the S&P 500 rose 7.4% during this time frame, share prices of Plug Power fell about 18%.However, one Wall Street analyst believes that Plug Power stock is set to reverse this downward trend and head higher. Hiking his price target 33% from $3 to $4, Jordan Levy, an analyst at Truist Financial, thinks Plug Power could soar about 16% from Wednesday's closing price of $3 ...