JP Morgan Maintains Overweight on Plug Power, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson has maintained an Overweight rating on Plug Power (NASDAQ:PLUG) but lowered the price target from $14 to $12.

October 05, 2023 | 3:23 pm
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JP Morgan has maintained an Overweight rating on Plug Power but lowered the price target from $14 to $12.
The news is directly about Plug Power and is likely to influence investor sentiment. The maintenance of an Overweight rating indicates a positive outlook, but the lowering of the price target may create some uncertainty. The impact on the stock price is neutral in the short term as the positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100