JPMorgan Downgrades EVgo to Neutral from Overweight
JPMorgan downgraded EVgo (EVGO) to Neutral from Overweight, citing limited near-term catalysts and subdued profitability expectations. The firm acknowledges EVgo's long-term growth potential but highlights challenges in margin expansion. Morgan Stanley also lowered its price target on EVgo following weaker-than-expected Q4 results.
Tickers: $JPM
Topics: Analyst Downgrade EV Stocks EVgo JPMorgan Stock Rating