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Why Plug Power Stock Is Surging Again Today


Plug Power (NASDAQ: PLUG) stock keeps going higher and higher -- it popped 19% in early morning trading today through 11:30 a.m. ET. Today's rally has driven Plug Power's rally to a stunning 67% in October alone, as of this writing, and the stock has more than doubled since Sept. 1.

Several analysts have turned bullish on Plug Power in recent weeks, with one analyst even doubling the stock's price target to $7 per share earlier this month. This morning, yet another analyst lifted the hydrogen stock's price objective.

Meanwhile, Plug Power's president and chief revenue officer, Jose Luis Crespo -- who is set to become the CEO in March 2026 -- told CNBC something important in an interview this morning.

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Source Fool.com

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