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Plug Power stock rallied 5% in premarket trading

Tiger Newspress2021-10-13

Plug Power stock rallied 5% in premarket trading.The stock has rallies toward 6th straight gain ahead of annual symposium.

B. Riley analyst Christopher Souther says potential for guidance raises could 'catalyze' the stock.

The hydrogen and fuel cell systems company's much-anticipated annual symposium later this week.

Analyst Christopher Souther at B. Riley said he believes the symposium, to be held virtually on Oct. 14, will be key for gauging the company's long-term potential.

"In our view, management is likely to increase its 2021 guidance and 2024 targets given the strength in material handling and the additional adjacent market opportunities, which should boast robust growth rates through the decade," Souther wrote in a note to clients. "In addition to the potential near- and mid-term guidance raises, we expect management to provide insight into its goals for 2025+, which should drive positive investor sentiment given [Plug Power's] opportunity set."

He reiterated the buy rating he's had on the stock since June 2020 and kept his stock price target at $45, which implied about 58% upside from current levels.

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评论19

  • Jac_jk
    ·2021-10-13
    Keep going Plug Power
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    • hpt
      Go
      2021-10-13
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  • AhSon
    ·2021-10-13
    Oh yeah
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  • snjj185
    ·2021-10-13
    Like pls
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  • Jassss
    ·2021-10-13
    Like
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    收起
    • snjj185
      ok
      2021-10-13
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  • LionCaleb
    ·2021-10-13
    When turn off the plug?
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  • ngng
    ·2021-10-13
    Daily
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  • JFK23
    ·2021-10-13
    To t moon[财迷] [财迷] 
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  • CYK1955
    ·2021-10-13
    Ok
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    收起
    • Jassss
      Ok
      2021-10-13
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    • 60726001
      k
      2021-10-13
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  • YSF1953
    ·2021-10-13
    Like
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  • Coolboy750
    ·2021-10-13
    Like pls 
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  • DragonKing
    ·2021-10-13
    Yeah
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  • szueyann
    ·2021-10-13
    Like please
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    • CYK1955
      Done
      2021-10-13
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  • ohmytiannn
    ·2021-10-13
    Awesome 
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  • St1143
    ·2021-10-13
    Please like, thanks [开心] 
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    • YSF1953
      Ok
      2021-10-13
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  • Btfan
    ·2021-10-13
    Like pls. Thanks !
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    • Txfen80
      Sure
      2021-10-13
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    • St1143
      Done
      2021-10-13
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    • szueyann
      done
      2021-10-13
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  • senglee
    ·2021-10-13
    Nice
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    • ortiz
      yes
      2021-10-13
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    • Btfan
      Ok
      2021-10-13
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    • Coolboy750
      Nice
      2021-10-13
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    查看更多 1 条评论
  • nctony
    ·2021-10-13
    Missed this bus too but I'm on CHPT[龇牙] 
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    • 4573b69e
      Csn
      2021-10-13
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    • 滚股怪
      Iou
      2021-10-13
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  • Al385
    ·2021-10-13
    Awesome!
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  • Ahoon
    ·2021-10-13
    Nice
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