Blink Charging Raises 2023 Revenue Target To $128M-$133M vs $116.63M Est.
Portfolio Pulse from Benzinga Newsdesk
Blink Charging has increased its 2023 revenue target to $128M-$133M, up from the previous estimate of $116.63M.

November 09, 2023 | 9:06 pm
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POSITIVE IMPACT
Blink Charging's upward revision of its 2023 revenue target could potentially boost investor confidence and positively impact its stock price in the short term.
Companies often see a positive reaction in their stock price when they increase their revenue targets, as it signals to investors that the company is expecting stronger future performance. In this case, Blink Charging's upward revision of its 2023 revenue target could potentially boost investor confidence and positively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100