Key facts
- Craig-Hallum raised its price target on Plug Power (PLUG).
- The price target increase follows strong Q1 results for Plug Power.
- Improving fundamentals were cited as a reason for the upgrade.
Analysts at Craig-Hallum have revised their price target for Plug Power (PLUG) upwards, signaling increased confidence in the company's prospects. This adjustment comes in the wake of Plug Power's recently reported strong first-quarter financial results, which have apparently bolstered the firm's view on the company's underlying business fundamentals.
