Barclays Maintains Equal-Weight on Chewy, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young has maintained an Equal-Weight rating on Chewy (NYSE:CHWY) and reduced the price target from $20 to $19.
December 07, 2023 | 11:13 am
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NEGATIVE IMPACT
Barclays analyst Trevor Young maintains an Equal-Weight rating on Chewy and lowers the price target from $20 to $19.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short term sentiment among investors, potentially causing a decrease in Chewy's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100