ChargePoint Holdings Inc. (CHPT) PT Raised to $22 at JPMorgan
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Go back to ChargePoint Holdings Inc. (CHPT) PT Raised to $22 at JPMorgan
March 3, 2022 8:44 AM EST
Shares of ChargePoint Holdings (NYSE: CHPT) are up more than 7.5% in premarket trading Thursday after the company reported a better-than-expected full-year revenue forecast
In the fourth quarter, ChargePoint reported a loss per share of 23c, compared to the loss per share of $5.29 in the year-ago period. Revenue in the quarter came in at $80.7 million, up 90% YOU and above the analyst expectations of $76.2 million.
Networked charging systems generated $59.2 million in... More
March 3, 2022 7:53 AM EST
Jefferies analyst David Kelley lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $28.00 (from $34.00) while maintaining a Buy rating following results as the company is investing in accelerating growth.
The analyst commented, "CHPT posted a 4Q sales beat, while margin... More
