TD Cowen analyst Jeff Osborne raised the firm’s price target on Plug Power (PLUG) to $3 from $2 and keeps a Hold rating on the shares. The firm said 1Q26 was an encouraging step toward achieving positive EBITDAS in 4Q26. Electrolyzer revenue drove upside, and the multi-year Amazon (AMZN) and Walmart (WMT) refresh cadence provides visibility for Material Handling. Liquidity still leans on asset monetization, but the Louisiana ITC sale and Stream close support the bridge.
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Read More on PLUG:
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