JP Morgan Maintains Neutral on Chegg, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains a Neutral rating on Chegg (NYSE:CHGG) and lowers the price target from $14 to $12.
October 19, 2023 | 6:51 pm
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on Chegg and lowered the price target from $14 to $12.
The lowering of the price target by JP Morgan indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Chegg's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100