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CHWY / Chewy stock drops following analyst downgrade to Perform

Shares of Chewy (CHWY) fall following a downgrade from "Outperform" to "Perform" by Oppenheimer analysts, who noted "recent signs of weakness" in a previously resilient pet food category. With inflation high, many consumers are looking for value in purchases, such as making decisions between wet or dry pet food and skimping on treats. Read More

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Posted: Sep 20 2023, 18:44

Author Name: Yahoo Finance

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