J.P. Morgan analyst Bill Peterson maintained an Overweight rating on EVgo Inc (NASDAQ:EVGO) with a $5 price target, citing strong revenue driven by the eXtend business and reaffirmed financial guidance. The DOE loan remains on track, easing investor concerns.
Latest Ratings for EVGO
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 2021 | Needham | Initiates Coverage On | Hold | |
| Dec 2021 | JP Morgan | Initiates Coverage On | Overweight | |
| Nov 2021 | Capital One | Initiates Coverage On | Equal-Weight |
