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This EV Stock Has 100% Upside, According to 1 Wall Street Analyst
CHPTChargePoint(CHPT) The Motley Fool·2024-02-24 12:46

ChargePoint (CHPT -1.04%) shares have been pummeled over the last year. The stock price of this electric vehicle (EV) charging network and equipment company plunged more than 80% in the last 12 months.However, one analyst thinks the stock is now set up to be a big winner for investors. Benchmark analyst Michael Legg just initiated coverage on ChargePoint with a buy rating and share price target of $4.25. That would represent a more than 100% gain in the stock from Tuesday's closing price of $2.06 per share. ...