Needham Maintains Buy on ChargePoint Hldgs, Lowers Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Chris Pierce maintains a Buy rating on ChargePoint Holdings (NYSE:CHPT) but lowers the price target from $14 to $13.
June 02, 2023 | 10:45 am
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Needham analyst maintains Buy rating on ChargePoint Holdings (CHPT) but lowers price target from $14 to $13.
The news of Needham maintaining a Buy rating on ChargePoint Holdings (CHPT) is positive for the stock. However, the lowering of the price target from $14 to $13 may create some uncertainty among investors, potentially offsetting the positive sentiment. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100