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CHWY / Chewy's stock jumps after Wedbush analyst recommended buying

Chewy's stock jumps after Wedbush analyst recommended buying
Shares of Chewy Inc. CHWY, -4.46% ran up 5.0% in premarket trading Tuesday, after Wedbush analyst Seth Basham recommended investors buy, citing a more favorable risk-versus-reward profile following the sharp selloff this year. The online pet products seller was upgraded to outperform from neutral, and the stock price target was raised to $35 from $30, with Basham citing "relatively favorable" pet category dynamics, "bottoming" ecommerce trends and "attractive" valuation. Read More
Posted: Jun 21 2022, 08:21
Author Name: Market Watch
Views: 111046

CHWY News  

Chewy: Pharmacy Remains A Big Opportunity, But Stock Looks Fairly Valued

By Seeking Alpha
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Chewy: Pharmacy Remains A Big Opportunity, But Stock Looks Fairly Valued

Chewy's autoship program is a major strength, with 75.5% of sales coming from autoship customers. The company has opportunities for growth in expandin more_horizontal

2 Growth Stocks That Could Help Make You a Fortune

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Even when the macroeconomic backdrop is tough, people spend money on healthcare and their pets. Teladoc is free-cash-flow-positive, and its net losses more_horizontal

Chewy (CHWY) Stock Falls Amid Market Uptick: What Investors Need to Know

By Zacks Investment Research
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Chewy (CHWY) Stock Falls Amid Market Uptick: What Investors Need to Know

Chewy (CHWY) reachead $19.14 at the closing of the latest trading day, reflecting a -0.98% change compared to its last close. more_horizontal

Why Investors Were Barking for Chewy Stock on Tuesday

By The Motley Fool
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Why Investors Were Barking for Chewy Stock on Tuesday

An analyst changed her recommendation on the pet supplies specialist. She now believes it is worthy of a buy. more_horizontal

Why Chewy, Newegg, and Sleep Number Surged Today

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Why Chewy, Newegg, and Sleep Number Surged Today

Retail sales came in better than expected this morning. That lifted shares of beaten-down consumer names. more_horizontal

3 Growth Stocks Down 79% to 87% You'll Wish You Had Bought on the Dip

By The Motley Fool
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3 Growth Stocks Down 79% to 87% You'll Wish You Had Bought on the Dip

The pandemic led all three of these companies to win a lot of new customers. As they work to hold on to those customers after the worst of the pandemi more_horizontal

Why Chewy Stock Got Thrashed on Thursday

By The Motley Fool
October 12, 2023

Why Chewy Stock Got Thrashed on Thursday

A pundit tracking the company cut his price target by 10%. Although he maintained his buy recommendation, the move heightened concerns about the pet f more_horizontal

Chewy Stock: Buy, Sell, or Hold?

By The Motley Fool
October 9, 2023

Chewy Stock: Buy, Sell, or Hold?

The pet industry is undergoing transformation, with personalization and sustainability at the forefront. The trend of treating pets as family members more_horizontal


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