Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Piper Sandler analyst Pearce Hammond upgraded Plug Power Inc (NYSE:PLUG) to Overweight from Neutral with an unchanged price target of $33, implying an upside of 22.6%.
- Hammond mentions the recent pullback in the shares offers an attractive entry point as the company has "tremendous forward momentum" on its green hydrogen plans as well as electrolyzer sales.
- The analyst believes the upcoming analyst day should be a positive catalyst for the stock.
- Recently, the company announced expanding its green hydrogen ecosystem to the west coast with the construction of a new state-of-the-art production facility in Fresno County, California.
- Related Content: Plug Power To Build Hydrogen Production Facility In California: What You Need To Know.
- Price Action: PLUG shares are trading higher by 5.13% at $28.3 during the premarket session on Thursday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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