Canaccord Genuity Maintains Hold on Plug Power, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst George Gianarikas maintains a Hold rating on Plug Power (PLUG) and lowers the price target from $5 to $4.
March 04, 2024 | 3:07 pm
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NEGATIVE IMPACT
Canaccord Genuity maintains a Hold rating on Plug Power and lowers the price target from $5 to $4.
The reduction in price target by Canaccord Genuity suggests a bearish outlook on the stock's short-term price movement, potentially leading to a negative impact on investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100