Morgan Stanley Maintains Overweight on Chewy, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has maintained an Overweight rating on Chewy (NYSE:CHWY) and raised the price target from $30 to $33.
August 29, 2024 | 1:23 pm
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Morgan Stanley has reaffirmed its Overweight rating on Chewy and increased the price target from $30 to $33, indicating a positive outlook.
The increase in price target from $30 to $33 by Morgan Stanley suggests a positive outlook for Chewy, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100