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ChargePoint Stock Is Down. It’s Time to Buy Because the U.S. Needs More EV Charging.

Por: MarketWatch Business September 08, 2023

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Sales in the year-ago quarter came in at about $125 million so there is growth—just not as much growth as expected. Current levels are an opportunity, according to RBC analyst Chris Dendrinos. He launched coverage of ChargePoint (ticker: CHPT) with a Buy rating and a $9 price target on Thursday evening. The stock hasn’t reacted much yet. They were down about 1% in premarket trading while and futures were both off about 0.2%. Dendrinos has... + full article



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