Craig-Hallum Just Slashed Its Price Target on Plug Power (PLUG) Stock
PLUGPlug Power(PLUG) InvestorPlace·2024-03-05 04:09

While hydrogen fuel-cell systems specialist Plug Power (NASDAQ:PLUG) was a hot meme trade during the initial year of the Covid-19 crisis, PLUG stock has lost significant momentum since February 2021. Nevertheless, sentiment toward the enterprise remains cautiously optimistic, as evidenced by Craig-Hallum’s latest assessment. Earlier Monday, analysts led by Eric A. Stine lowered their price target of PLUG stock to 5from5 from 6 while maintaining a “buy” rating. Plug Power benefits from tailwinds pushing the com ...