Chewy shares are trading higher after analysts at Goldman Sachs upgraded their rating of the stock to Buy.
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded its rating of Chewy's stock to Buy, leading to a rise in the company's shares.
July 17, 2023 | 12:16 pm
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POSITIVE IMPACT
Chewy's stock has been upgraded to Buy by Goldman Sachs, which has led to an increase in the company's share prices.
The upgrade in Chewy's stock rating by a major financial institution like Goldman Sachs is a positive signal to investors, which has resulted in an increase in the company's share prices. This suggests a positive short-term impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100