Susquehanna Downgrades Plug Power to Neutral
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril has downgraded Plug Power (NASDAQ:PLUG) from Positive to Neutral, indicating a change in the firm's outlook on the stock.
January 11, 2024 | 1:10 pm
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NEGATIVE IMPACT
Plug Power has been downgraded by Susquehanna from Positive to Neutral, which may lead to a negative perception among investors and could impact the stock price.
Analyst ratings often influence investor sentiment and can lead to stock price movements. A downgrade from Positive to Neutral suggests that Susquehanna sees less upside potential or higher risks associated with Plug Power, which could result in a decrease in investor confidence and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100