RBC Capital Maintains Sector Perform on Plug Power, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Chris Dendrinos maintains a Sector Perform rating on Plug Power (NASDAQ:PLUG) but lowers the price target from $3.5 to $2.5.
August 12, 2024 | 4:43 pm
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RBC Capital analyst Chris Dendrinos maintains a Sector Perform rating on Plug Power but lowers the price target from $3.5 to $2.5.
The lowered price target from $3.5 to $2.5 by RBC Capital suggests a negative outlook on Plug Power's short-term performance, likely leading to a decrease in investor confidence and a potential drop in stock price.
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