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Why Shares of Lucid, Blink Charging, and ChargePoint Are Powering Higher Today

Scott Levine, The Motley Fool
·3 min read
Why Shares of Lucid, Blink Charging, and ChargePoint Are Powering Higher Today

As of 11:17 a.m. ET, shares of EV-maker Lucid Group (NASDAQ: LCID) were up 4.9%, while Blink Charging (NASDAQ: BLNK) and ChargePoint (NYSE: CHPT) had climbed 4.7% and 6.8%, respectively. Seeing considerable upside, Cantor Fitzgerald has initiated coverage on the EV stock, assigning it an overweight rating and a $23 price target. On Sept. 15, Citigroup resumed its coverage on Lucid with a buy rating and an even more auspicious price target: $28.

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