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Benzinga
Benzinga
Business
Chris Katje

Plug Power To Get A Big Boost From Inflation Reduction Act And $40B+ Microsoft Opportunity, Say Bullish Analysts

PLUG Plug Power Inflation Nasdaq Amit Dayal Joseph Spak Plug Power Inc Hydrogen

Analysts are sizing up the second quarter financial results from Plug Power Inc (NASDAQ:PLUG) and the opportunity the company could have from the Inflation Reduction Act and a production tax credit.

The Plug Power Analysts: BMO analyst Ameet Thakkar has a Market Perform rating and raises the price target from $20 to $29.

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