With the passage of the Biden administration's infrastructure bill and solid earnings reports from several companies, electric car charging stocks performed well last week. Stock price movements have led Wall Street to think about which stocks are the best choice.

Among them$EVgo Inc (EVGO.US) $Led the rise, up more than 89% last week. Share prices rose about 35% last Monday (November 8) after the bill was passed, and another 27% a few days after the November 10 earnings report.

$Blink Charging (BLNK.US) $It rose 27% last week and 13% in a single day after the third-quarter results were released on November 11th.$Volta (VLTA.US) $The company's share price rose 35% last week.$ChargePoint (CHPT.US) $和$Wallbox (WBX.US) $The share price rose 9% and 2% respectively last week. Wallbox lags slightly behind, but its shares are up about 50 per cent in the week three weeks ago.

Credit Suisse (Credit Suisse)Analyst Mahep Mandelloy (Maheep Mandloi) rated EVgoFrom "buy" to "hold"EVgo retracted some of last week's gains. In fact, he will EVgoTarget share price raised from $11 to $17But after the latest rally, he was unable to maintain his buy rating. According to the analyst, the company has many advantages, including infrastructure bills and partnerships with General Motors Co and UBER TECHNOLOGIES INC UBER, but these factors are fully reflected in the company's share price.

After the downgrade, 3/7 (43 per cent) of analysts tracking EVgo gave it a "buy" rating. Small-cap stocks like EVgo have an average buy rating of about 65 per cent.

WithH.C.WainwrightAnalyst Samel Joshi (Sameer Joshi) rated Blink from"hold" is raised to "buy"Blink's share price also fluctuated. In his upgraded report, Josh mentioned the funding of electric car charging infrastructure and tax breaks to support the purchase of electric cars.

He is now targeting Blink at $50 a share. Before giving a "buy" rating, Josh did not give an official target price. With the release of Josh's new buy rating, 5/7 (71 per cent) of analysts now give Blink a buy rating.

Despite the mixed information investors received from Wall Street, ChargePoint shares also rose in pre-market trading on Monday.JPMorgan Chase & Co (J.P.Morgan)Analyst Bill Peterson (Bill Peterson) rated it as"hold" with a target price of $26Since then, the stock has risen by about 1.2%. ChargePoint was trading at about $27 in pre-market trading on Monday. But Evercore ISI analyst James West (James West) gave a buy rating and a target price of $34.

Among the listed electric vehicle rechargeable stocks, ChargePoint is the most valuable, and Peterson believes its strong market position is reflected in valuations. West disagrees, preferring the size of ChargePoint to other companies. "ChargePoint is seen as an indicator of charging stocks and, given its size, global influence and being an 'arms dealer' in the industry, investors will first see it as exposure to the industry," West wrote in the report. "

Overall, 63 per cent of analysts who studied ChargePoint stocks rated it as a buy.

All analysts who revised their ratings on Monday seemed to believe that the outlook for electric vehicle charging stocks was strong because of government support and growth in electric vehicle sales. They are arguing about valuation.

Neither Volta nor Wallbox changed their ratings on Monday. Volta is the most popular rechargeable stock among analysts, with all analysts giving buy ratings. Still, the number of four analysts tracking the stock is smaller than the number of other stock analysts.

Wallbox's stock is tracked by an analyst.StifelAnalyst Stephen Genjaro (Stephen Gengaro) rated the stock as"Buy" with a target price of $29.