Susquehanna Maintains Neutral on Plug Power, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril has maintained a Neutral rating on Plug Power (NASDAQ:PLUG) but has lowered the price target from $4.5 to $3.5.
January 24, 2024 | 7:31 pm
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NEGATIVE IMPACT
Susquehanna has maintained a Neutral rating on Plug Power but reduced the price target from $4.5 to $3.5, potentially impacting investor sentiment.
The reduction in price target by Susquehanna suggests a bearish outlook on the stock's value, which could lead to negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100