RBC Capital Maintains Outperform on Chewy, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh maintains an Outperform rating on Chewy (CHWY) but lowers the price target from $35 to $22.
March 22, 2024 | 3:05 pm
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NEGATIVE IMPACT
RBC Capital maintains an Outperform rating on Chewy but lowers the price target from $35 to $22.
The reduction in price target by RBC Capital, despite maintaining an Outperform rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in CHWY's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100