TD Cowen Downgrades ChargePoint Hldgs to Hold, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded ChargePoint Holdings from Buy to Hold and lowered its price target from $3 to $2.
September 05, 2024 | 5:41 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
TD Cowen analyst Gabe Daoud has downgraded ChargePoint Holdings from Buy to Hold, reducing the price target from $3 to $2.
The downgrade from Buy to Hold and the reduction in price target from $3 to $2 by TD Cowen suggests a negative outlook on ChargePoint's short-term performance. This is likely to lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100