UBS Initiates Coverage On ChargePoint Hldgs with Buy Rating, Announces Price Target of $9
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Robert Jamieson has initiated coverage on ChargePoint Holdings (NYSE:CHPT) with a Buy rating and a price target of $9.
September 27, 2023 | 9:07 am
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UBS has initiated coverage on ChargePoint Holdings with a Buy rating and a price target of $9, which could positively impact the stock.
The initiation of coverage by a major financial institution like UBS typically brings a stock into focus for many investors. The Buy rating indicates that UBS sees potential upside in the stock, which could drive buying interest. The price target of $9 provides a specific value that UBS believes the stock can reach, which could also encourage investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100