What Will Plug Power’s Stock Price Be in 1 Year?
Key Points
Plug Power (NASDAQ: PLUG) is a controversial stock. According to some of the Wall Street analysts who cover the company, shares could more than double in price over the next year. Others, however, think Plug Power stock will fall in value by as much as 75%.
Which argument is more convincing? Let’s weigh the reasoning behind a couple of those experts’ predictions.
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A deeply bearish view on Plug Power stock
Citigroup analyst Vikram Bagri is one of the most bearish analysts covering Plug Power stock. On Oct. 20, he reiterated his 12-month price target of $0.75…
