Craig-Hallum Reiterates Buy on Plug Power, Maintains $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Eric Stine has reiterated a Buy rating on Plug Power (NASDAQ:PLUG) and maintained the price target of $11 for the company's stock.
December 22, 2023 | 5:44 pm
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POSITIVE IMPACT
Craig-Hallum analyst Eric Stine reaffirmed a Buy rating on Plug Power and kept the price target at $11, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a reputable analyst can positively influence investor sentiment and potentially lead to an increase in the stock price in the short term. The maintained price target suggests the analyst's continued confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100