Citigroup Maintains Neutral on ChargePoint Hldgs, Lowers Price Target to $10.8
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli maintains a Neutral rating on ChargePoint Holdings (NYSE:CHPT) and lowers the price target from $13 to $10.8.
June 20, 2023 | 4:27 pm
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Citigroup analyst lowers price target for ChargePoint Holdings (CHPT) from $13 to $10.8, maintaining a Neutral rating.
The lowered price target by Citigroup analyst Itay Michaeli indicates a less optimistic outlook for ChargePoint Holdings. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100