JP Morgan Maintains Overweight on ChargePoint Hldgs, Lowers Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Bill Peterson has maintained an Overweight rating on ChargePoint Holdings (NYSE:CHPT) but lowered the price target from $15 to $13.

August 30, 2023 | 2:24 pm
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JP Morgan has maintained an Overweight rating on ChargePoint Holdings but lowered the price target from $15 to $13.
The news is directly about ChargePoint Holdings. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target could have a neutral to slightly negative impact on the stock in the short term as it suggests a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100