Piper Sandler Maintains Neutral on Chegg, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani has maintained a Neutral rating on Chegg (NYSE:CHGG) and lowered the price target from $13 to $9.
October 31, 2023 | 8:18 am
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Chegg and lowered the price target from $13 to $9.
The lowering of the price target by Piper Sandler 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