Wedbush Reiterates Outperform on Chewy, Maintains $31 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Seth Basham has reiterated an Outperform rating on Chewy (NYSE:CHWY) and maintained a $31 price target.
August 31, 2023 | 1:52 pm
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Wedbush analyst Seth Basham has reiterated an Outperform rating on Chewy and maintained a $31 price target.
The reiteration of an Outperform rating by a reputable analyst like Seth Basham from Wedbush is a positive signal for Chewy. The maintained price target of $31 also indicates confidence in the company's performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100