Roth MKM Maintains Buy on Blink Charging, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Craig Irwin maintains a Buy rating on Blink Charging (BLNK) but lowers the price target from $25 to $12.
March 15, 2024 | 1:54 pm
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Roth MKM maintains a Buy rating on Blink Charging but lowers the price target from $25 to $12.
While the maintenance of a Buy rating by Roth MKM indicates continued confidence in Blink Charging's fundamentals and growth prospects, the significant reduction in the price target from $25 to $12 could signal concerns about valuation or near-term challenges. This mixed signal is likely to create uncertainty among investors, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100