ChargePoint Reports Second Quarter Fiscal Year 2024 Financial Results
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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 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
