Watching Plug Power; Hearing Possible Rumor Evercore Out With Note Saying "Plug Secured An Order Marking The Largest Announced Project In The Oil And Gas Sector In Europe. We Would Be Buyers Of The Stock Here"; Outperform Rating And $37 Price Target
Portfolio Pulse from Happy Mohamed
Evercore has reportedly issued a note stating that Plug Power has secured an order marking the largest announced project in the oil and gas sector in Europe. Evercore maintains an 'Outperform' rating on Plug Power and a price target of $37.
July 13, 2023 | 2:43 pm
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Plug Power has reportedly secured a significant order in Europe's oil and gas sector, according to a note from Evercore, which maintains an 'Outperform' rating and a $37 price target on the stock.
The news of Plug Power securing a significant order in the oil and gas sector in Europe is likely to be viewed positively by the market, potentially driving the stock price up in the short term. Evercore's 'Outperform' rating and $37 price target further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100