UBS raised the firm’s price target on EVgo (EVGO) to $5.40 from $5 and keeps a Buy rating on the shares. EVgo is the firm’s preferred EV charging exposure due to potential upcoming catalysts, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EVGO:
- EVgo Inc. Reports Record Revenue and Expansion Plans
- EVgo Inc. Earnings Call Highlights Robust Growth and Strategic Milestones
- EVgo’s Strong Performance and Strategic Growth Balanced by Competitive Pressures and Market Uncertainty
- EVgo reports Q2 EPS (10c) vs (10c) last year
- EVgo sees FY25 revenue $350M-$380M, consensus $353M