Raymond James Maintains Outperform on Chewy, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel maintains an Outperform rating on Chewy (NYSE:CHWY) but lowers the price target from $20 to $19.
May 23, 2024 | 2:24 pm
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Raymond James analyst Rick Patel maintains an Outperform rating on Chewy but lowers the price target from $20 to $19.
The Outperform rating suggests continued confidence in Chewy's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100