Barclays Maintains Overweight on Chewy, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young maintains an Overweight rating on Chewy (NYSE:CHWY) and raises the price target from $32 to $34.
August 29, 2024 | 12:52 pm
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Barclays analyst Trevor Young has maintained an Overweight rating on Chewy and increased the price target from $32 to $34, indicating a positive outlook on the stock.
The increase in price target from $32 to $34 by Barclays suggests a positive outlook for Chewy's stock, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100