Wedbush Maintains Outperform on Petco Health and Wellness, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains an Outperform rating on Petco Health and Wellness (NASDAQ:WOOF) but lowers the price target from $6 to $4.5.
October 31, 2023 | 12:36 pm
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Wedbush maintains an Outperform rating on Petco Health and Wellness but lowers the price target from $6 to $4.5.
The news is directly about Petco Health and Wellness. While the Outperform 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 Outperform rating suggests that the stock is expected to do better than the market average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100