Morgan Stanley Maintains Equal-Weight on Chewy, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk maintains an Equal-Weight rating on Chewy (NYSE:CHWY) and raises the price target from $30 to $32.
June 01, 2023 | 11:44 am
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Morgan Stanley maintains an Equal-Weight rating on Chewy and raises the price target from $30 to $32.
The news directly mentions Chewy (NYSE:CHWY) and the price target increase by Morgan Stanley. However, the Equal-Weight rating suggests that the stock is expected to perform in line with the market, indicating a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100