Motley Fool
Why Shares of Plug Power Popped Today
Extending the 7% rise that they had been on through the close of yesterday’s trading session, shares of Plug Power (NASDAQ: PLUG) are bounding even higher today. Whereas yesterday’s climb was attributable to overall enthusiasm for fuel cell solutions, investors are picking up shares today in reaction to news from Wall Street. Taking a more bullish stance on Plug Power’s stock, Pearce Hammond, an analyst at Piper Sandler, upgraded the stock to overweight from neutral, keeping the price target at $33.
