What Will Plug Power's Stock Price Be in 1 Year?

Plug Power (NASDAQ: PLUG) is a controversial stock. According to some of the Wall Street analysts who cover the company, shares could more than double in price over the next year. Others, however, think Plug Power stock will fall in value by as much as 75%.Which argument is more convincing? Let's weigh the reasoning behind a couple of those experts' predictions.Citigroup analyst Vikram Bagri is one of the most bearish analysts covering Plug Power stock. On Oct. 20, he reiterated his 12-month price target of $0.75 on the stock. That would be a roughly 75% decline from its recent price of about $3 per share. Even as Plug Power stock has risen nearly 250% over the last six months, Bagri has maintained conviction in his bear thesis.  Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool