Stifel Maintains Buy on EVgo, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on EVgo and raises the price target from $6 to $10.
October 30, 2024 | 1:13 pm
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POSITIVE IMPACT
Stifel analyst Stephen Gengaro has maintained a Buy rating on EVgo and increased the price target from $6 to $10, indicating a positive outlook for the company's stock.
The increase in the price target from $6 to $10 by a reputable analyst suggests a strong positive outlook for EVgo's stock. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100