EVgo’s Electric Week: Charging Horses and Stock Gains

The market’s traffic light turned a brilliant green for EVgo (EVGO) stock this week, as if some unseen hand had flipped a switch and said, “Let there be profit.” An analyst, with the wisdom of Solomon and the glibness of a used-car salesman, reiterated his buy case, and the crowd, ever eager to chase a shiny new promise, took the bait. By Thursday night, EVgo’s shares were dancing 13% higher, like a man who’s just found a $20 bill in his pocket after swearing he’d lost it.

Joint venture supplies juice

Cantor Fitzgerald’s Andres Sheppard, a man who seems to speak in riddles and stock tips, gave EVgo another nod before the week began. He declared it a “buy” and set a price target so lofty it might as well have been written in a foreign language. That $7 mark, he claimed, would grant investors a 51% boost-a return that would make even a penny-pincher’s eyes widen.

Sheppard’s optimism, as thin as a newspaper, rested on EVgo’s partnership with General Motors and Pilot. This trio, a union as odd as a cat and a dog sharing a bed, has erected over 200 charging stations, spread across 40 states and 850 stalls. It’s a patchwork quilt of progress, stitched together with the hope that drivers will trade their gas pumps for electric plugs.

The analyst, ever the dreamer, claimed this joint venture aims to dot the map with stations in both bustling highways and the forgotten corners of rural America. A noble goal, if one ignores the fact that even the most dedicated investor might need a map to find these spots.

On the road to 500

Sheppard, with the confidence of a man who’s never had a bad day, wagered that the three companies will hit 500 locations by year’s end. A number so grand it sounds like a fairy tale. Yet here we are, chasing the dream of a world where every road is a highway to prosperity, and every stoplight is a green light for the wealthy.

2025-09-19 05:32

Joint venture supplies juice

On the road to 500

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