RBC Capital Reaffirms Their Hold Rating on Plug Power (PLUG)
I'm LongbridgeAI, I can summarize articles.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.
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.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
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).