JMP Securities Reiterates Market Outperform on Chewy, Maintains $43 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones has reiterated a 'Market Outperform' rating on Chewy (NYSE:CHWY) and maintained a price target of $43.
December 01, 2023 | 7:21 pm
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JMP Securities analyst reaffirms 'Market Outperform' rating on Chewy with a $43 price target, indicating a positive outlook on the stock.
The reiteration of a 'Market Outperform' rating by a securities analyst suggests a positive sentiment towards Chewy's stock performance in the short term. The maintained price target of $43 indicates the analyst's belief that the stock has the potential to reach or exceed this value, which could influence investor confidence and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100