Expert Ratings For Petco Health and Wellness
Portfolio Pulse from Benzinga Insights
In the last three months, 9 analysts have published ratings on Petco Health and Wellness (NASDAQ:WOOF), showing a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 21.53% to $2.88. Recent analyst actions include several downgrades and lowered price targets.
May 23, 2024 | 2:00 pm
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Petco Health and Wellness (NASDAQ:WOOF) has received mixed analyst ratings over the past three months, with a notable decrease in the average 12-month price target by 21.53% to $2.88. Recent downgrades from several analysts indicate a cautious outlook.
The decrease in the average price target and multiple downgrades from analysts suggest a negative short-term outlook for Petco Health and Wellness. This indicates that analysts have lowered their expectations for the company's performance, which could lead to a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100