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ChargePoint price target lowered to $5 from $10 at Goldman Sachs

Goldman Sachs analyst Mark Delaney lowered the firm’s price target on ChargePoint (CHPT) to $5 from $10 and keeps a Sell rating on the shares. The updated price target reflects recent proposals from Europe for less strict emissions standards and U.S. EV datapoints, the analyst tells investors in a research note.

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