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Blink Charging price target lowered to $2 from $5 at Benchmark

Benchmark lowered the firm’s price target on Blink Charging (BLNK) to $2 from $5 and keeps a Buy rating on the shares. The company expects product sales in the first half to be flat while growing service revenues throughout the full year, notes the analyst, who reduced 2025 expectations to align with guidance, reducing the firm’s 2025 sales estimate to $128.9M from $153.5M. The firm now estimates EBITDA profitability in Q3 of 2026, out from Q1 of 2025 previously, the analyst tells investors.

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