Stifel Maintains Hold on ChargePoint Hldgs, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Hold rating on ChargePoint Holdings (NYSE:CHPT) and lowers the price target from $3 to $2.
October 30, 2024 | 1:17 pm
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Stifel analyst Stephen Gengaro has maintained a Hold rating on ChargePoint Holdings and reduced the price target from $3 to $2, indicating a less optimistic outlook.
The reduction in price target from $3 to $2 by Stifel suggests a negative outlook on ChargePoint's future performance. This could lead to a decrease in investor confidence and a potential short-term decline in stock price.
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