Plug Power Stock Explodes 170% After Bold Analyst Upgrade – Short Squeeze Fuels Hydrogen Hype
Analyst Upgrade Triggers Price Surge Plug Power’s stock price skyrocketed after a bold analyst upgrade sparked a wave of buying. On Friday (Oct 3), Plug Power shares spiked 34.6% in a single session to about $3.80 – a huge jump that sent the stock to a new 52-week high finanzen.net. The rally was fueled by news that investment bank H.C. Wainwright had issued an extremely bullish call: analyst Amit Dayal not only reaffirmed his Buy rating on Plug Power, but also more than doubled his price target from $3 to $7 finanzen.net. This $7 target is now the highest on