RBC Capital Maintains Outperform on Chewy, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh maintains an Outperform rating on Chewy (NYSE:CHWY) and raises the price target from $24 to $32.

August 29, 2024 | 1:17 pm
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POSITIVE IMPACT
RBC Capital has increased its price target for Chewy from $24 to $32, maintaining an Outperform rating. This suggests confidence in Chewy's future performance.
The increase in price target from $24 to $32 by RBC Capital indicates a positive outlook on Chewy's future performance. The maintained Outperform rating suggests that the analyst expects Chewy to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100