UBS Maintains Neutral on ChargePoint Hldgs, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Robert Jamieson maintains a Neutral rating on ChargePoint Holdings (NYSE:CHPT) and lowers the price target from $1.8 to $1.5.
October 15, 2024 | 2:29 pm
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UBS analyst Robert Jamieson maintains a Neutral rating on ChargePoint Holdings and lowers the price target from $1.8 to $1.5, indicating a cautious outlook.
The lowering of the price target from $1.8 to $1.5 by UBS suggests a negative sentiment towards ChargePoint's short-term performance. Maintaining a Neutral rating indicates that the analyst does not foresee significant upside or downside, but the reduced price target reflects a more cautious outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100