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Why Plug Power Stock Just Jumped 12%

Why Plug Power Stock Just Jumped 12%

Shares of Plug Power (NASDAQ: PLUG) stock got a big boost from the analysts at Morgan Stanley this morning, and are running up 11.8% (through 11:50 a.m. EDT) in response. This morning, the investment bank upgraded shares of the hydrogen fuel cell pioneer to "overweight" with a $14 price target. After today's run-up, Plug stock is already within $1 of that goal.