Baird Maintains Outperform on Chewy, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Justin Kleber maintains an Outperform rating on Chewy (NYSE:CHWY) but has lowered the price target from $50 to $40.
August 31, 2023 | 2:38 pm
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NEUTRAL IMPACT
Baird analyst has maintained an Outperform rating on Chewy but lowered the price target from $50 to $40.
The news is directly about Chewy and is likely to impact its stock. While the Outperform rating is positive, the lowering of the price target might create some uncertainty among investors, potentially affecting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100