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Stifel Slashes Blink Charging Price Target By 23%

EV charging equipment and services provider Blink Charging Co’s (NASDAQ:BLNK) price target has been lowered to $30 (an upside of 41.6%) from…

byAkanksha Bakshi

March 15, 2022

1 minute read

EV charging equipment and services provider Blink Charging Co’s (NASDAQ:BLNK) price target has been lowered to $30 (an upside of 41.6%) from $39 by Stifel analyst Stephen Gengaro.
The analyst maintained his Hold rating on BLNK’s shares.
Related: Blink Charging’s Q4 Results
Gengaro increased his 2022-23 revenue estimates while reducing his EBITDA prediction.
He also expects Blink to report negative EBITDA and free cash flow in the near term.
Price Action: BLNK shares are trading lower by 2.55% at $20.65 during the premarket session on Tuesday.

Deutsche Bank Maintains Buy on Custom Truck One Source, Lowers Price Target to $9

By Benzinga Newsdesk

Today, 8:56 AM

Deutsche Bank analyst Nicole Deblase maintains Custom Truck One Source (NYSE:CTOS) with a Buy and lowers the price target from $10 to $9.

CTOS

USA Pending Home Sales (MoM) for Feb (4.100)% vs 1.000% Est; Prior (5.700)%

By Benzinga Newsdesk

Today, 8:56 AM

USA Pending Home Sales (MoM) for Feb (4.100)% vs 1.000% consensus estimate. The prior reading was (5.700)%.

SPY

Analyst Ratings

Morgan Stanley Maintains Equal-Weight Rating for Lightspeed Commerce: Here’s What You Need To Know

By Benzinga Insights

Today, 8:56 AM

Morgan Stanley has decided to maintain its Equal-Weight rating of Lightspeed Commerce (NYSE:LSPD) and lower its price target from $44.00 to $31.00. Shares of Lightspeed Commerce are trading up 0.72% over the last 24 hours, at $22.52 per share.

LSPD