Needham Maintains Buy on Chewy, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Anna Andreeva has maintained a Buy rating on Chewy (NYSE:CHWY) and increased the price target from $20 to $25, indicating a positive outlook on the company's stock.
December 15, 2023 | 10:51 am
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Needham analyst Anna Andreeva reaffirms a Buy rating on Chewy and raises the price target from $20 to $25, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100