Is Plug Power Stock Going to $5? 1 Wall Street Analyst Thinks So.
Plug Power wants to raise prices until its product becomes more popular. But that's not how economics works.Roaring Kitty's return to the social media platform Reddit inspired a surge in meme stock prices on Monday, and it's looking like Plug Power (PLUG 26.12%) stock is a prime beneficiary of the turnaround. Share prices of the forever-unprofitable hydrogen fuel cell company rose by double-digit percentages Monday, approaching consensus targets of about $3 a share.However, one analyst thinks Plug Power cou ...