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.
- BMO Capital analyst Ameet Thakkar initiated Plug Power Inc (NASDAQ:PLUG) with a Market Perform rating and a price target of $30, implying an upside of 17.5%.
- Thakkar mentions Plug is "strategically expanding its success in material handling to pave the way" for the hydrogen economy.
- The analyst says the company offers exposure to the energy transition outside of wind/solar. However, Thakkar takes a "wait and see approach" to hydrogen and says that green hydrogen prices "must come down meaningfully."
- Also read: Plug Power's stock climbs as Tesla, FuelCell Energy push the EV Sector.
- Price Action: PLUG shares are trading higher by 0.67% at $25.71 during the premarket session on Friday.
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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