Fox Advisors Downgrades ChargePoint Holdings Inc. (CHPT) to Equalweight
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RBC Capital sees ChargePoint (CHPT) as ‘key beneficiary’ of EV adoption; initiates coverage at Outperform
September 8, 2023 8:52 AM EDTRBC Capital Markets has initiated coverage of ChargePoint Holdings (NYSE: CHPT) with an Outperform rating and a 12-month price target of $9.00 on the EV charging equipment company.
Analyst Chris Dendrinos wrote in a note, We believe the robust product portfolio, differentiated strategy, and asset-light business model position it to be a key beneficiary of positive secular trends in vehicle electrification and growing demand for charging infrastructure. Our positive outlook on the industry and favorable view of CHPTs... More
Chargepoint Holdings plunges on earnings miss, Citi says expectation reset could improve risk/reward into 2024
September 7, 2023 10:44 AM EDTChargepoint Holdings Inc. (NYSE: CHPT) shares plunged significantly on Thursday after the company missed second-quarter earnings and revenue expectations.
The electric vehicle infrastructure company reported a loss per share of $0.35, $0.22 worse than the analyst estimate of a loss of $0.13 per share after... More
ChargePoint Holdings Inc. (CHPT) PT Lowered to $11 at Roth/MKM, Remains Bullish
September 7, 2023 7:27 AM EDTRoth/MKM analyst Craig Irwin lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $11.00 (from $14.00) while maintaining a Buy rating.
The analyst comments "We are concerned ChargePoint's plans for positive EBITDA in F4Q24 (Jan. '25) may be... More
