Blink’s load price went down to $ 8 $ 8 on HC Wainwright

HC Wainwright Sameer Joshi’s analyst lowered the firm Price target on the firing load (Blnk) Up to $ 5 from $ 8 and maintains a purchase rating for actions after the first quarter report. The firm quotes the continued weakness of product sales, which reduced 69.5% year -on -year to $ 8.4 million in the first quarter, for reduction of target. The analyst is still cautious as Blink sails through the “prevalent heading heads” that challenge the electric vehicle The loading industry, as well as the uncertain macroeconomic and geopolitical environment. HC Wainwright believes that the company continues to go to the monetization of its promenade in 2025.

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