1 Reason Goldman Sachs Analysts Are Skeptical of Plug Power Stock
Plug Power(PLUG) The Motley Fool·2024-05-09 11:18
Plug Power's management touts its long-term potential, but some analysts are starting to worry.If you listen to Plug Power's (PLUG -4.54%) management team, there's a ton of long-term upside to the company's business. Trillions of dollars are being invested into renewable technologies right now, including hydrogen fuel cells, which Plug Power specializes in. There's a case to be made that the company is primed to ride a tidal wave of investor interest.Analysts at Goldman Sachs aren't so sure. In fact, accord ...