TD Cowen Maintains Outperform on ChargePoint Hldgs, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Gabe Daoud maintains an Outperform rating on ChargePoint Holdings (NYSE:CHPT) but lowers the price target from $14 to $11.

September 07, 2023 | 4:13 pm
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TD Cowen maintains an Outperform rating on ChargePoint Holdings but lowers the price target from $14 to $11.
The news is directly about ChargePoint Holdings. The Outperform rating suggests that the analyst expects the stock to do better than the market average, which is positive. However, the lowering of the price target from $14 to $11 might create a negative sentiment among investors, potentially putting downward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100