Truist Securities Maintains Hold on Plug Power, Raises Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Jordan Levy maintains a Hold rating on Plug Power (NASDAQ:PLUG) and raises the price target from $9 to $12.

June 15, 2023 | 12:53 pm
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NEUTRAL IMPACT
Truist Securities maintains a Hold rating on Plug Power and raises the price target from $9 to $12.
The news of Truist Securities maintaining a Hold rating on Plug Power and raising the price target from $9 to $12 indicates that the analyst sees potential in the stock but is not confident enough to recommend a Buy. This may lead to a neutral short-term impact on the stock price, as investors may wait for further developments or other analysts' opinions before making a decision.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100