TD Cowen Maintains Outperform on ChargePoint Hldgs, Lowers Price Target to $14
Portfolio Pulse from jenniferd'souza@benzinga.com
TD Cowen analyst Gabe Daoud maintains an Outperform rating on ChargePoint Hldgs (NYSE:CHPT) but lowers the price target from $20 to $14.

August 15, 2023 | 12:41 pm
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TD Cowen maintains an Outperform rating on ChargePoint Hldgs but lowers the price target from $20 to $14.
The news is directly related to ChargePoint Hldgs. The Outperform rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target may indicate a reduced growth expectation, which could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100