UBS Upgrades EVgo to Buy, Raises Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst William Grippin has upgraded EVgo (NASDAQ:EVGO) from Neutral to Buy and increased the price target from $4 to $8.5.
October 10, 2024 | 12:35 pm
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UBS analyst William Grippin has upgraded EVgo from Neutral to Buy, significantly raising the price target from $4 to $8.5, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy by UBS, along with a substantial increase in the price target, suggests a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in EVgo's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100