20 Analysts Have This to Say About Chewy
Portfolio Pulse from Benzinga Insights
In the last quarter, Chewy (NYSE:CHWY) received various analyst ratings, with 14 out of 20 being bullish or somewhat bullish. The company's average 12-month price target is $37.35, a decrease of 14.86% from the previous average of $43.87.
September 15, 2023 | 12:00 pm
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NEGATIVE IMPACT
Chewy has received mostly bullish ratings from analysts, but the average 12-month price target has decreased, indicating a potential short-term downward pressure on the stock.
Analyst ratings can significantly influence investor sentiment and stock price. While the majority of ratings for Chewy are bullish, the decrease in the average price target could indicate less confidence in the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100