Wedbush raised the firm’s price target on Chewy (CHWY) to $45 from $39 and keeps an Outperform rating on the shares following transfer in analyst coverage. The firm notes Chewy delivered healthy Q1 results and modest guidance for Q2.
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Read More on CHWY:
- Morgan Stanley ups Chewy price target, calls pullback a buying opportunity
- Chewy price target raised to $45 from $42 at Guggenheim
- Chewy price target raised to $47 from $36 at JPMorgan
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