UBS Maintains Buy on Plug Power, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta has maintained a Buy rating on Plug Power (NASDAQ:PLUG) but has reduced the price target from $15.5 to $5.
November 14, 2023 | 6:36 pm
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UBS analyst Manav Gupta maintains a Buy rating on Plug Power but has significantly lowered the price target from $15.5 to $5.
The reduction in price target by UBS, despite maintaining a Buy rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Plug Power.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100