HC Wainwright & Co. Maintains Buy on Blink Charging, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Sameer Joshi has maintained a Buy rating on Blink Charging (NASDAQ:BLNK) but has reduced the price target from $50 to $25.
November 10, 2023 | 10:28 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Blink Charging's price target has been lowered from $50 to $25 by HC Wainwright & Co., although the Buy rating is maintained.
The reduction in price target by HC Wainwright & Co. suggests a reassessment of Blink Charging's future growth prospects or market conditions, which could lead to a negative perception among investors and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100