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EVgo Stock Up 31% In 2022 & Could Rally By Additional 70%

EVgo stock

EVgo Inc (NASDAQ:EVGO) has been one of the biggest stock market winners in 2022, rising by 25% in the first quarter alone. EVgo stock has been outpacing its peers and the broader stock market.

The outlook for EVgo stock is solid, with Wall Street analysts providing an average 12-month share-price target of $14.20 and a high estimate of $22.00. This points to potential gains of approximately 10% and 70%, respectively.

Why the bullishness for EVgo Inc?

The post EVgo Stock Up 31% in 2022 & Could Rally by Additional 70% appeared first on Profit Confidential.