What 17 Analyst Ratings Have To Say About Plug Power
Portfolio Pulse from Benzinga Insights
In the last quarter, Plug Power (NASDAQ:PLUG) received 17 analyst ratings, with 3 being bullish, 5 somewhat bullish, and 9 indifferent. The company's average 12-month price target is $16.91, a decrease of 2.98% from the previous average of $17.43.
July 05, 2023 | 9:00 pm
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Plug Power has received mixed analyst ratings in the last quarter, with a slight lean towards indifference. The decrease in the average price target could potentially impact the stock negatively.
Analyst ratings can significantly influence investor sentiment and stock prices. The mixed ratings, with a majority being indifferent, coupled with a decrease in the average price target, could lead to uncertainty among investors and potentially drive the stock price down.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100