Citigroup Maintains Neutral on EVgo, Lowers Price Target to $5.1
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli maintains a Neutral rating on EVgo (NASDAQ:EVGO) and lowers the price target from $6.2 to $5.1.
June 20, 2023 | 4:21 pm
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NEUTRAL IMPACT
Citigroup analyst Itay Michaeli maintains a Neutral rating on EVgo and lowers the price target from $6.2 to $5.1.
Citigroup's lowered price target for EVgo may cause some short-term uncertainty among investors, but the Neutral rating suggests that the stock's overall outlook remains stable. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100