Plug Power Analyst Drops Bullish Stance, Says Company Needs To Show Profitability Improvements
The first-quarter report Plug Power Inc (NASDAQ: PLUG) released Tuesday, though triggering a strong upward move in shares, failed to convince an analyst at Canaccord Genuity to retain his bull
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Barclays Maintains Underweight on Plug Power, Raises Price Target to $27
Barclays analyst Moses Sutton maintains Plug Power (NASDAQ:PLUG) with a Underweight and raises the price target from $24 to $27.
Why Plug Power’s Stock Is Trading Lower Today
Plug Power Inc (NASDAQ: PLUG) is trading lower Wednesday morning after Canaccord Genuity downgraded the stock.
10 Biggest Price Target Changes For Wednesday
Wedbush boosted Microsoft Corporation (NASDAQ: MSFT) price target from $310 to $325. Microsoft shares slipped 0.1% to $265.48 in pre-market trading.
Canaccord Genuity Downgrades Plug Power to Hold, Lowers Price Target to $31
Canaccord Genuity analyst Jed Dorsheimer downgrades Plug Power (NASDAQ:PLUG) from Buy to Hold and lowers the price target from $69 to $31.
Why Plug Power Stock Looks Ready To Break Out
Plug Power Inc. (NASDAQ: PLUG) shares were trading higher Tuesday after the company reported first-quarter earnings results.
Analyzing Plug Power’s Unusual Options Activity
Shares of Plug Power (NASDAQ:PLUG) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved up to $31.96.