RBC Capital Initiates Coverage On EVgo with Sector Perform Rating, Announces Price Target of $5
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Chris Dendrinos has initiated coverage on EVgo (NASDAQ:EVGO) with a Sector Perform rating and a price target of $5.
September 08, 2023 | 12:04 pm
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RBC Capital has initiated coverage on EVgo with a Sector Perform rating and a price target of $5.
The initiation of coverage by RBC Capital with a Sector Perform rating suggests that the analyst believes EVgo's stock will perform in line with the sector average. The price target of $5 indicates the analyst's expectation of the stock's future price. This news could influence investors' perception of the stock, but it doesn't necessarily indicate a significant change in the company's fundamentals.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100