Wedbush Maintains Outperform on Petco Health and Wellness, Lowers Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Seth Basham maintains an Outperform rating on Petco Health and Wellness (NASDAQ:WOOF) but lowers the price target from $9 to $6.

August 25, 2023 | 1:41 pm
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Wedbush maintains an Outperform rating on Petco Health and Wellness but lowers the price target from $9 to $6.
The lowering of the price target by Wedbush from $9 to $6 indicates a potential decrease in the short-term value of Petco Health and Wellness. However, the maintained Outperform rating suggests that the company is still expected to outperform the market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100