PLUG stock: Latest news and analysis
Plug Power Inc. (PLUG) stock news
Plug Power Inc. (PLUG) is a leading provider of hydrogen fuel cell solutions for the transportation and power generation industries. The company's stock has been on a rollercoaster ride in recent years, but it has outperformed the broader market over the long term.
In recent news, Plug Power announced a partnership with Amazon to develop hydrogen-powered delivery vehicles. The company also announced a new joint venture with SK Group to build a hydrogen production facility in South Korea.
Plug Power Inc. (PLUG) stock analysis
Analysts are generally bullish on Plug Power Inc. (PLUG) stock. The consensus price target is $52.00, which represents a potential upside of over 50% from the current price.
Analysts cite the company's strong market position, its growing backlog of orders, and its recent partnerships as reasons for their optimism.
Conclusion
Plug Power Inc. (PLUG) is a high-growth company with a bright future. The company's stock is a good investment for those who are looking for long-term growth potential.
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