Needham Maintains Buy on Blink Charging, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce maintains a Buy rating on Blink Charging (NASDAQ:BLNK) but lowers the price target from $6 to $4.

August 08, 2024 | 12:14 pm
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Needham analyst Chris Pierce maintains a Buy rating on Blink Charging but lowers the price target from $6 to $4.
The Buy rating suggests continued confidence in Blink Charging's long-term prospects, but the lowered price target indicates some short-term challenges or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100