Needham Reinstates Hold on Chewy
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reinstated a Hold rating on Chewy (NYSE:CHWY).
October 23, 2024 | 10:42 am
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NEUTRAL IMPACT
Needham analyst Bernie McTernan has reinstated a Hold rating on Chewy, indicating a neutral stance on the stock.
The reinstatement of a Hold rating by Needham suggests that the analyst sees no immediate catalyst for significant price movement in Chewy's stock. This neutral stance implies that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100