Is Plug Power Stock Going to $5? 1 Wall Street Analyst Thinks So.
Plug Power(PLUG) The Motley Fool·2024-05-14 15:46Plug 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 ...