The Latest Breaking News from Volta

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DALLAS — At Friendly Chevrolet, a dealership off I-35E by Dallas Love Field, yellow tape and orange cones block off a section of the parking lot.

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Goldman Sachs analyst Mark Delaney downgraded Volta Inc (NYSE:VLTA) to Sell from Neutral with a price target of $2, down from $3, implying a 26.34% downside. Delany cautioned that macroeconomic, margin, and balance sheet risk factors could weigh on the company. As the increased risk of a recession leads to reduced advertising spending, Volta may…

Over the past 3 months, 4 analysts have published their opinion on Volta (NYSE:VLTA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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Volta Inc (NYSE:VLTA) has launched PredictEV fleet, a machine learning and artificial intelligence (AI) solution for infrastructure planning. Using advanced AI and analytics, PredictEV Fleet analyzes data on existing vehicle fleets and premises, providing customers with insights to build fleet electrification plans. The product establishes data-sharing relationships between fleets and utilities to…

Volta Inc (NYSE: VLTA) is trading lower Monday after the company announced founder Scott Mercer has resigned as CEO and stepped down from the board. He will remain CEO for a transitional period and will serve as an advisor to the board through March 31, 2023.