Goldman Sachs Upgrades Chewy to Buy, Announces $50 Price Target
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Eric Sheridan has upgraded Chewy (NYSE:CHWY) from Neutral to Buy and announced a $50 price target.
July 17, 2023 | 8:31 am
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Chewy has been upgraded from Neutral to Buy by Goldman Sachs, with a new price target of $50.
The upgrade from Neutral to Buy by Goldman Sachs indicates a positive outlook for Chewy. The new price target of $50 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential increase in the stock price in the short term.
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IMPORTANCE 80
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