HSBC Initiates Coverage On Plug Power with Buy Rating, Announces Price Target of $11
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Samantha Hoh has initiated coverage on Plug Power (NASDAQ:PLUG) with a Buy rating and a price target of $11.
September 25, 2023 | 10:31 am
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HSBC has initiated coverage on Plug Power with a Buy rating and a price target of $11, which could positively impact the stock's performance.
The initiation of coverage by HSBC with a Buy rating indicates a positive outlook for Plug Power. The price target of $11 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100