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Why Plug Power Stock Jumped Again Today


Plug Power (NASDAQ: PLUG) is on fire this week. The stock shot up again today and was trading as high as 6.2% as of 12:20 p.m. ET.

An analyst expects Plug Power stock to more than double in value as global interest in green hydrogen continues to gather steam.

Morgan Stanley has been bullish about Plug Power stock for several months now. In November of last year, analyst Stephen Byrd raised Plug Power stock's price target to $60 a share given the company's focus on growing its hydrogen and electrolyzer business.

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Source Fool.com

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