Plug Power (PLUG) received an upgrade last night from FBR Capital which is causing shares to rise 10% in pre market to $4.60. PLUG was labeled an outperform with an $8 price target. The firm sees multiple catalysts ahead for the company.
Plug Power (PLUG) rallied from $3-$12 earlier this year and entered bubble territory before crashing back to earth a few days after. PLUG will have long term resistance up at $5.25 before the ball gets rolling.
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