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Stifel starts EVgo (EVGO) at Buy, believes company is positioned well to capitalize on growth trend

May 17, 2023 7:43 AM EDT

Stifel initiated coverage of EV fast charging company, EVgo Inc. (NASDAQ: EVGO) with a Buy rating and set their 12 month price target for the stock at $9.00.

EVgo is a leading EV charging company based in Los Angeles. Their primary business is the... More