Raymond James Maintains Outperform on Chewy, Lowers Price Target to $33
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Rick Patel has maintained an 'Outperform' rating on Chewy (NYSE:CHWY) but lowered the price target from $36 to $33.
August 28, 2023 | 11:19 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Chewy's price target has been lowered from $36 to $33 by Raymond James, though the 'Outperform' rating is maintained.
The news directly pertains to Chewy (CHWY) as Raymond James has lowered its price target for the company. However, the 'Outperform' rating is maintained, indicating that the analyst still expects the stock to do well. This could have a neutral impact on the stock's price in the short term as the lowered price target might be offset by the positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100