Analyst Expectations for Petco Health and Wellness's Future
Portfolio Pulse from Benzinga Insights
Analyst ratings for Petco Health and Wellness (NASDAQ:WOOF) over the last quarter show 2 bullish, 2 somewhat bullish, and 1 indifferent rating. The average price target is $5.2, representing an upside from the current price of $2.74 but a 17.46% decrease from the previous target of $6.30. Analysts use various data sources to provide guidance on stock performance.
November 30, 2023 | 4:00 pm
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POSITIVE IMPACT
Analysts have given Petco Health and Wellness a positive outlook with an average price target of $5.2, which is higher than the current price of $2.74 but lower than the previous target of $6.30.
The average price target suggests analysts believe WOOF has upside potential, which could positively influence investor sentiment and the stock price in the short term. However, the decrease from the previous target may temper expectations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100