Petco Health and Wellness shares are trading higher after the company reported Q2 financial results. Also, Wells Fargo and RBC Capital raised their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Petco Health and Wellness shares rose following increased price targets from Wells Fargo and RBC Capital.
September 11, 2024 | 2:44 pm
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POSITIVE IMPACT
Petco Health and Wellness shares increased after Wells Fargo and RBC Capital raised their price targets, indicating positive sentiment from analysts.
The increase in price targets by two major financial institutions suggests a positive outlook on Petco's future performance, likely boosting investor confidence and driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100