Plug Power target lowered to $28 by JP Morgan

• JP Morgan lowered Plug Power (NASDAQ:PLUG) price target to $28 from $32, stock dives 5.7% on Wednesday, June 29.
• Currently the stock trades close to $16.12
• The stock has dropped about 52% over the last one year, and shows at high risk of performing badly due to inferior profitability and negative EPS revisions.
• Quant rating of Sell with 1.85 score.



• Sell Side Analyst rating of Buy with a 4.21 score. (Strong Buy 14; Buy 6; Hold 8) Average price target of $34.28.
• SA Author rating of Hold with score of 3.40.

• SA Contributor writes: 'Plug Power: Broke The Bearish Tilt' and 'Plug Power: Time For Patient Investors To Buy The Green Hydrogen Leader'
• A comparative price performance of the stock against its peers and broader market over the last six months.