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Analysts Offer Insights on NA Companies: FTC Solar (FTCI) and Plug Power (PLUG)

There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on FTC Solar (FTCIResearch Report) and Plug Power (PLUGResearch Report) with bullish sentiments.

FTC Solar (FTCI)

In a report released today, Donovan Schafer CFA from Northland Securities maintained a Buy rating on FTC Solar, with a price target of $3.80. The company’s shares closed last Thursday at $2.31, close to its 52-week low of $1.78.

According to TipRanks.com, CFA is ranked 0 out of 5 stars with an average return of -8.7% and a 42.6% success rate. CFA covers the NA sector, focusing on stocks such as Vitesse Energy, Inc., Vertex Energy, and PHX Minerals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for FTC Solar with a $3.76 average price target, which is a 63.5% upside from current levels. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $5.00 price target.

See the top stocks recommended by analysts >>

Plug Power (PLUG)

In a report released today, Abhishek Sinha from Northland Securities maintained a Buy rating on Plug Power, with a price target of $22.00. The company’s shares closed last Thursday at $9.33, close to its 52-week low of $7.39.

According to TipRanks.com, Sinha is ranked #8447 out of 8551 analysts.

Plug Power has an analyst consensus of Moderate Buy, with a price target consensus of $19.40, representing an 80.5% upside. In a report released today, Craig-Hallum also maintained a Buy rating on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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