RBC Capital analyst Steven Shemesh raised the firm’s price target on Chewy (CHWY) to $47 from $43 and keeps an Outperform rating on the shares. The firm cites the company’s in-line Q4 results and 2026 guidance that was “well ahead of expectations”, noting that the management is driving consistent share gains and dispelled fears of 2026 being a reinvestment year, the analyst tells investors in a research note.
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