Needham Maintains Buy on ChargePoint Hldgs, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce maintains a Buy rating on ChargePoint Holdings (CHPT) but reduces the price target from $8 to $4.
November 17, 2023 | 11:52 am
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Needham analyst Chris Pierce maintains a Buy rating on ChargePoint Holdings but has lowered the price target from $8 to $4.
The reduction in price target by Needham, despite maintaining a Buy rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of ChargePoint Holdings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100