Goldman Sachs Maintains Sell on ChargePoint Hldgs, Lowers Price Target to $1.25
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney maintains a Sell rating on ChargePoint Holdings (NYSE:CHPT) and lowers the price target from $1.5 to $1.25.
September 06, 2024 | 4:22 pm
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Goldman Sachs analyst Mark Delaney maintains a Sell rating on ChargePoint Holdings and lowers the price target from $1.5 to $1.25, indicating a bearish outlook.
The maintenance of a Sell rating and the reduction of the price target by a reputable analyst from Goldman Sachs suggests a negative outlook on ChargePoint's stock. This is likely to influence investor sentiment negatively, potentially leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100