EVgo shares rose 8.4% after Citigroup downgraded target price and Royal Bank of Canada rated it "sector perform."

EVgo shares rose 8.4% on Thursday following Citigroup's downgrade of target price from $5.25 to $3.50 and Royal Bank of Canada's "sector perform" rating with $5.00 target price. Insider Shevorenkova sold 29,772 shares. Evolv Technologies received an "Overweight" rating from Cantor Fitzgerald with $8.00 target and a "Buy" rating from Lake Street Capital with $6.00 target. Insiders sold 261,461 shares in last 3 months, while institutional investors own 52.15% of Evolv Technologies' stock.

March 02, 2024
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