Investment analysts at Cantor Fitzgerald initiated coverage on shares of EVgo (NYSE:EVGO – Get Rating) in a research report issued on Thursday, The Fly reports. The brokerage set an “overweight” rating on the stock.
Several other research analysts have also recently weighed in on the stock. Capital One Financial cut shares of EVgo from an “overweight” rating to an “equal weight” rating in a research report on Thursday, February 3rd. Tudor, Pickering, Holt & Co. began coverage on shares of EVgo in a research report on Thursday, April 21st. They issued a “buy” rating and a $16.00 price objective on the stock. Tudor Pickering began coverage on shares of EVgo in a research report on Thursday, April 21st. They issued a “buy” rating and a $16.00 price objective on the stock. JPMorgan Chase & Co. decreased their price objective on shares of EVgo from $20.00 to $14.00 in a research report on Friday, January 28th. Finally, Zacks Investment Research cut shares of EVgo from a “hold” rating to a “sell” rating in a research report on Wednesday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $15.56.
EVGO stock opened at $9.56 on Thursday. The company’s 50 day moving average is $11.49 and its 200 day moving average is $10.79. EVgo has a 1-year low of $7.00 and a 1-year high of $19.59.
EVgo Company Profile (Get Rating)
EVgo, Inc owns and operates a direct current fast charging network in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.
- Get a free copy of the StockNews.com research report on EVgo (EVGO)
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