JP Morgan Maintains Overweight on Chewy, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Chewy (NYSE:CHWY) but lowers the price target from $25 to $22.
March 21, 2024 | 4:05 pm
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JP Morgan analyst Doug Anmuth maintains an Overweight rating on Chewy but lowers the price target from $25 to $22.
The reduction in price target by JP Morgan, despite maintaining an Overweight rating, could lead to short-term negative sentiment among investors, potentially impacting Chewy's stock price negatively.
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