---
title: "RBC Capital Reaffirms Their Hold Rating on Plug Power (PLUG)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293124200.md"
description: "RBC Capital analyst Chris Dendrinos reaffirmed a Hold rating on Plug Power (PLUG) with a $2.75 price target, noting the stock closed at $2.17. This follows a July 10 Hold from Susquehanna and a July 17 Sell rating from BMO Capital."
datetime: "2026-07-19T12:16:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293124200.md)
  - [en](https://longbridge.com/en/news/293124200.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293124200.md)
generator: "portal-rs"
---

# RBC Capital Reaffirms Their Hold Rating on Plug Power (PLUG)

In a report released on July 17, Chris Dendrinos from RBC Capital maintained a Hold rating on Plug Power, with a price target of $2.75. The company’s shares closed last Friday at $2.17.

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According to TipRanks, Dendrinos is a 5-star analyst with an average return of 49.7% and a 50.00% success rate. Dendrinos covers the Technology sector, focusing on stocks such as Sunrun, Nextpower Inc, and SolarEdge Technologies.

In addition to RBC Capital, Plug Power also received a Hold from Susquehanna’s Charles Minervino in a report issued on July 10. However, on July 17, BMO Capital maintained a Sell rating on Plug Power (NASDAQ: PLUG).

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**