TD Cowen lowered the firm’s price target on ChargePoint (CHPT) to $7 from $11 and keeps a Hold rating on the shares. The firm said they posted solid Q4 results with revenue guidance somewhat light but could possibly be conservative.
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Read More on CHPT:
- ChargePoint price target lowered to $6.50 from $8.50 at Roth Capital
- ChargePoint price target lowered to $5 from $8 at JPMorgan
- ChargePoint reports Q4 EPS ($1.85), consensus ($1.04)
- ChargePoint sees Q1 revenue $90M-$100M, consensus $105.53M
- ChargePoint Holdings options imply 11.8% move in share price post-earnings