Guggenheim Maintains Buy on Chewy, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Jonathan Elias maintains a 'Buy' rating on Chewy (NYSE:CHWY) but has lowered the price target from $45 to $35.
September 01, 2023 | 1:15 pm
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Guggenheim has maintained a 'Buy' rating on Chewy but lowered the price target from $45 to $35.
The news is directly related to Chewy (CHWY). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the 'Buy' rating might still attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100