Blink Charging shares are trading higher after UBS initiated coverage on the stock with a Buy rating and $7 price target.
Portfolio Pulse from Benzinga Newsdesk
UBS has initiated coverage on Blink Charging with a Buy rating and a price target of $7. This has led to an increase in the trading of Blink Charging shares.
September 27, 2023 | 3:27 pm
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Blink Charging's stock is trading higher after UBS initiated coverage with a Buy rating and a $7 price target.
The initiation of coverage by UBS, a major financial institution, with a Buy rating indicates a positive outlook for Blink Charging. This has led to increased trading of its shares, suggesting a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100