Northland Capital Markets Downgrades Plug Power to Market Perform, Announces $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Abhishek Sinha has downgraded Plug Power (NASDAQ:PLUG) from Outperform to Market Perform and set a price target of $7.
November 10, 2023 | 4:26 pm
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Northland Capital Markets downgraded Plug Power from Outperform to Market Perform and set a price target of $7.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $7 suggests a bearish outlook compared to the current market price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100