EXPLAINED: Adse - The Real Truth

The EV charging industry's growth could be curbed by surging raw material prices and deteriorating supply chains caused by the Russia-Ukraine war. Therefore, despite the industry’s solid long-term growth prospects, we think it could be wise to avoid overvalued EV charging stocks EVgo (EVGO), Volta (VLTA), ADS-TEC Energy (ADSE), and…

Raymond James analyst Pavel Molchanov initiated Ads-Tec Energy PLC (NYSE:ADSE) with a Strong Buy rating and a price target of $14, implying an upside of 63%. The analyst noted Ads-Tec's ultra-fast hardware is specifically designed with grid stability in mind, making it the only pure-play on ultra-fast. Molchanov added that U.S. expansion adds to strength…