Goldman Sachs Maintains Buy on Chewy, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Buy rating on Chewy (NYSE:CHWY) and raises the price target from $42 to $50.
July 18, 2023 | 12:58 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Chewy and raises the price target from $42 to $50, indicating positive sentiment towards the stock.
The raised price target by Goldman Sachs indicates a positive outlook for Chewy's stock. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100