Plug Power shares are trading higher amid overall market strength and amid EV sector optimism following recent delivery results. Citigroup recently initiated coverage on the stock with a Buy rating.
Portfolio Pulse from Benzinga Newsdesk
Plug Power shares are trading higher due to overall market strength and optimism in the EV sector following recent delivery results. Citigroup has initiated coverage on the stock with a Buy rating.
July 07, 2023 | 7:40 pm
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Plug Power's stock is trading higher due to market strength and positive sentiment in the EV sector. Citigroup's Buy rating also contributes to the positive outlook.
The overall market strength and optimism in the EV sector are driving Plug Power's stock higher. Additionally, Citigroup's initiation of coverage with a Buy rating is likely to attract more investors, further boosting the stock price.
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