Where ChargePoint Hldgs Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for ChargePoint Hldgs (NYSE:CHPT) within the last quarter, with a majority being bullish or somewhat bullish. The average price target given by these analysts is $11.66, which is significantly higher than the current price of $4.85. However, this average has decreased by 26.62% from the previous average price target of $15.89.
September 27, 2023 | 12:00 pm
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Analysts have a bullish outlook on ChargePoint Hldgs (NYSE:CHPT), with an average price target of $11.66, higher than its current price. However, this target has decreased by 26.62% from the previous average.
The bullish outlook from analysts suggests a potential upside for ChargePoint Hldgs, which could positively impact its stock price in the short term. However, the decrease in the average price target could indicate a less optimistic view of the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100