Morgan Stanley Reiterates Equal-Weight on Plug Power, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has reiterated an Equal-Weight rating on Plug Power (NASDAQ:PLUG) and maintained a $15 price target.
July 17, 2023 | 2:30 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Plug Power and maintained a $15 price target.
The news is directly about Plug Power and its rating by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, which doesn't indicate a strong buy or sell signal. The maintained price target of $15 also doesn't suggest any significant changes in the company's valuation. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100