Citigroup Maintains Buy on Plug Power, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri has maintained a 'Buy' rating on Plug Power (NASDAQ:PLUG) but lowered the price target from $13 to $12.5.
October 10, 2023 | 11:59 am
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Citigroup has maintained a 'Buy' rating on Plug Power but lowered the price target from $13 to $12.5.
While the 'Buy' rating is maintained, the lowering of the price target could potentially indicate a slightly less optimistic outlook for the stock. However, the impact is likely to be neutral in the short term as the rating is still positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100