H.C. Wainwright lowered the firm’s price target on Blink Charging to $15 from $25 and keeps a Buy rating on the shares. The analyst cites the dilutive impact of the shares issued under the company’s at the market program for the target drop.
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Read More on BLNK:
- Blink Charging price target lowered to $12 from $25 at Roth MKM
- BLNK Earnings: Blink Charging Stock Drops on Mixed Q4 Results
- Blink Charging sees FY24 revenue $165M-$175M, consensus $171.2M
- BLINK CHARGING ANNOUNCES RECORD FOURTH QUARTER WITH 89% REVENUE GROWTH TO $42.7 MILLION AND 130% INCREASE IN FULL YEAR 2023 REVENUES TO $140.6 MILLION
- Blink Charging reports Q4 EPS (28c), consensus (31c)
