Analyst Expectations for Plug Power's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Plug Power (NASDAQ:PLUG) within the last quarter, with 3 bullish, 3 somewhat bullish, and 7 indifferent. The average price target of these 13 analysts is $16.1, implying an upside from the current price of $7.445. This average has increased by 25.39% from the previous average price target of $12.84.
October 12, 2023 | 4:00 pm
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Analysts have provided various ratings for Plug Power, with an average price target of $16.1, implying an upside from the current price of $7.445. This average has increased by 25.39% from the previous average price target of $12.84.
The average price target given by analysts suggests a potential upside for Plug Power's stock. This, combined with the fact that the average has increased from the previous quarter, indicates a positive sentiment among analysts, which could influence investors to buy the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100