Analyst upgrades Plug Power stock to buy, lowers price target to $3. Company implements $200 million cost-savings initiative. Shares climb 2.3% as investors anticipate positive year-end results. Analyst cites potential profitability with savings initiative. Stock price closed at $1.94 yesterday, implying over 54% upside. Caution advised for speculative investors due to Plug’s history of lack of profits. Plug Power not listed among top 10 stocks to buy now. Motley Fool Stock Advisor recommends other stocks for potential high returns.

Read more at Yahoo Finance: Why Shares of Plug Power Popped Today