TD Cowen Initiates Coverage On Chewy with Buy Rating, Announces Price Target of $38
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has initiated coverage on Chewy (NYSE:CHWY) with a Buy rating and set a price target of $38, indicating a positive outlook for the company's stock.
October 09, 2024 | 11:19 am
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TD Cowen has initiated coverage on Chewy with a Buy rating and a price target of $38, suggesting a positive short-term outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target of $38 by TD Cowen is a strong positive signal for investors. This suggests that the analyst sees potential for the stock to appreciate, which could lead to increased investor interest and buying activity, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100