When will PLUG hit 3.4

It is difficult to predict a specific price target for Plug Power (PLUG) as there are varying price targets and forecasts from different analysts and sources. Here's an analysis of the current forecasts and trends:

1. Current Price and Forecasts: As of the latest data, PLUG's price is $2.89, and there are conflicting short-term price targets. Some analysts have set a higher price target of $5.10, while others have a lower target of $2.00.
2. Technical Indicators: The stock's technical indicators show a bearish sentiment with a Fear & Greed Index at 39 (Fear) and a recent price drop of 19.03% on the last trading day. However, the stock has shown a 48.92% gain over the last two weeks.
3. Market Sentiment: The overall market sentiment is bearish, but there are some positive signals from technical indicators, such as buy signals from both short-term and long-term moving averages.
4. Support and Resistance Levels: The current support level for PLUG is $2.89, and the resistance level is $3.44 The stock has shown volatility with a price range of $3.42 to $4.89 on the last trading day.
5. Analyst Ratings: The average brokerage recommendation (ABR) for PLUG is 2.66, indicating a "Strong Buy" rating with eight out of 27 recommendations being "Strong Buy".

Given these factors, it is challenging to pinpoint a specific price target for PLUG. The stock is currently undervalued according to some analysts, and there is potential for growth based on technical indicators. However, the bearish sentiment and recent price drops suggest that there may be further declines before any significant upward movement. Investors should closely monitor the stock and consider various factors before making investment decisions.