Plug Power Inc. (NASDAQ:PLUG) is an overlooked penny stock to invest in, with TD Securities downgrading it to Hold from Buy and lowering the price target to $2. Concerns include slow materialization of electrolyzers and material handling, lack of clarity on achieving positive free cash flow, and mixed analyst sentiment.

The New York-based company, founded in 1997, offers hydrogen fuel cell product solutions such as GenDrive, GenSure, Progen, and GenFuel. Analyst sentiment on Plug Power Inc. (NASDAQ:PLUG) is mixed, with a 1-year median price target of $2.25 implying about 1.35% upside potential.

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Read more at Yahoo Finance: Why TD Cowen Is No Longer Bullish on Plug Power Inc. (PLUG)