H.C. Wainwright Keeps Their Buy Rating on Blink Charging Co (BLNK)

By Jason Carr

In a report released today, Sameer Joshi from H.C. Wainwright maintained a Buy rating on Blink Charging Co (BLNKResearch Report), with a price target of $5. The company’s shares closed last Monday at $2.75.

Joshi has an average return of 5.0% when recommending Blink Charging Co.

According to TipRanks.com, Joshi is ranked #3101 out of 5231 analysts.

Blink Charging Co has an analyst consensus of Moderate Buy, with a price target consensus of $5.

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Based on Blink Charging Co’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $2.24 million. In comparison, last year the company had a GAAP net loss of $1.23 million.

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Blink Charging Co. owns, operates, and provides electric vehicle, charging equipment, and networked EV charging services. Its products and services include Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services.