JPMorgan analyst Doug Anmuth lowered the firm’s price target on Chewy (CHWY) to $40 from $46 and keeps an Overweight rating on the shares post the Q4 report. The company’s 2026 fiscal sales growth outlook of came in ahead of investor expectations, the analyst tells investors in a research note. TD expects share gains to drive sales growth in 2026 for Chewy along with greater margin expansion.
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