Morgan Stanley Maintains Equal-Weight on Chegg, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Equal-Weight rating on Chegg (NYSE:CHGG) but lowers the price target from $3.25 to $3.
August 06, 2024 | 4:17 pm
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Morgan Stanley analyst Josh Baer maintains an Equal-Weight rating on Chegg but lowers the price target from $3.25 to $3.
The lowered price target from $3.25 to $3 by Morgan Stanley suggests a negative outlook on Chegg's stock performance, likely leading to a short-term decline in its stock price.
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