Clear Street raised the firm’s price target on Plug Power (PLUG) to $4 from $3.50 and keeps a Buy rating on the shares after the company reported March quarter results exceeding the firm’s forecasts and 2026 guidance was reiterated.
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Read More on PLUG:
- Jeff Osborne Reiterates Hold on Balanced Outlook, Lifts Price Target to $3 on Higher 2027 Sales Valuation
- Plug Power Earnings Call Maps Risky Road to Profits
- Plug Power options imply 16.5% move in share price post-earnings
- Plug Power reports Q1 adjusted EPS (8c), consensus (9c)
- Plug Power says focused on achieving positive EBITDAS in Q4
