JP Morgan Maintains Overweight on Chewy, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Chewy (NYSE:CHWY) and raises the price target from $22 to $28.
May 30, 2024 | 5:39 pm
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POSITIVE IMPACT
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Chewy and raises the price target from $22 to $28, indicating a positive outlook for the stock.
The raised price target from $22 to $28 by a reputable analyst at JP Morgan suggests increased confidence in Chewy's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100