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Electric-vehicle-charging company EVGo Inc. got a vote of confidence from analysts at Morgan Stanley on Tuesday, but it wasn't as enthusiastic a vote as investors might have hoped, for three key reasons.Shares of EVGo  are down around 4% so far this year, having taken a hit earlier in the year over fears that the Trump administration wouldn't be as friendly as its predecessor to EV charging and EVs in general.Some of those fears appear to be justified: The version of President Donald Trump's tax and spending megabill passed by the House of Representatives last month includes cuts to EV tax credits, which would be phased out as soon as the end of the year in some cases.EVGo shares, however, have doubled in the last 12 months and have gained nearly 60% in the last three months, far outpacing the S&P 500 index SPX in both time 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EVgo Inc​.

Concept

Capital Flow

News

UBS Sticks to Their Buy Rating for EVgo (EVGO)

EVgo, Uranium Energy, UBS, Pinterest, Block: Trending by Analysts

EVgo got the attention of a major investment bank. There's plenty to like - along with 3 roadblocks.

EVgo Initiated at Equal-Weight by Morgan Stanley

EVgo Inc.