Wall Street Thinks Plug Power Has 134% Upside: Here's Why They're Too Optimistic

Wall Street Thinks Plug Power Has 134% Upside: Here's Why They're Too Optimistic
·4 min read

A global push toward clean energy sources has brought clean energy and related technology companies in the limelight. Fuel cell maker Plug Power's (NASDAQ: PLUG) stock price rose ten-fold last year on the back of investors' euphoria for its promising hydrogen fuel cell technology. Wall Street analysts' average price target for Plug Power now implies a 134% rise from its current levels over the next year.