Canaccord lowered the firm’s price target on Plug Power (PLUG) to $2 from $2.25 and keeps a Hold rating on the shares. The firm said 2024 has been filled with challenges, from regulatory to operational to financial and said the point of that integration is to enable a flywheel effect and move the hydrogen world forward. Plug is moving closer to making its flywheel dreams a reality.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLUG:
- Disney reports Q4 beat, Capri-Tapestry call off deal: Morning Buzz
- Plug Power price target lowered to $3 from $4 at Craig-Hallum
- Plug Power price target lowered to $2 from $3 at Wells Fargo
- Will Plug Power Stock Rebound to $5? Here’s What BTIG Expects
- Plug Power downgraded to Neutral from Buy at BTIG