Benchmark Maintains Buy on ChargePoint Hldgs, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Michael Legg maintains a Buy rating on ChargePoint Holdings (NYSE:CHPT) but lowers the price target from $4.25 to $3.

June 28, 2024 | 2:10 pm
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NEUTRAL IMPACT
Benchmark analyst Michael Legg maintains a Buy rating on ChargePoint Holdings but lowers the price target from $4.25 to $3.
The Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates short-term challenges or adjustments in valuation expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100