Needham Reiterates Hold on Chegg
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald has reiterated a Hold rating on Chegg (NYSE:CHGG).
June 18, 2024 | 10:01 am
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Needham analyst Ryan MacDonald has reiterated a Hold rating on Chegg. This suggests that the analyst does not see significant upside or downside potential in the short term.
The Hold rating indicates that the analyst believes Chegg's stock is fairly valued at its current price. This typically suggests limited short-term price movement, either up or down.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100