Oppenheimer Maintains Outperform on ChargePoint Hldgs, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Colin Rusch maintains an Outperform rating on ChargePoint Holdings (NYSE:CHPT) but lowers the price target from $27 to $14.
September 07, 2023 | 3:21 pm
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Oppenheimer has lowered the price target for ChargePoint Holdings from $27 to $14, while maintaining an Outperform rating.
The lowering of the price target by Oppenheimer indicates a potential decrease in the stock's value in the short term. However, the Outperform rating suggests that the stock is expected to do better than the market average, which could mitigate some of the negative impact.
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