Morgan Stanley Maintains Equal-Weight on Plug Power, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has maintained an Equal-Weight rating on Plug Power (NASDAQ:PLUG) and lowered the price target from $10 to $9.
October 17, 2023 | 2:36 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Plug Power and lowered the price target from $10 to $9, which could potentially impact the stock's performance.
The lowering of the price target by Morgan Stanley from $10 to $9 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price as it adjusts to the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100