JP Morgan Maintains Overweight on Chewy, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth has maintained an Overweight rating on Chewy (NYSE:CHWY) and raised the price target from $28 to $33.
August 29, 2024 | 1:29 pm
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JP Morgan has maintained an Overweight rating on Chewy and increased the price target from $28 to $33, indicating a positive outlook.
The increase in price target from $28 to $33 by JP Morgan suggests a positive outlook for Chewy's stock, likely leading to a short-term price increase. The Overweight rating indicates confidence in Chewy's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100