Seaport Research analyst Aaron Kessler upgraded Chewy (CHWY) to Buy from Neutral with a $47 price target The company reported solid Q2 results but the shares sold off on higher costs and incremental investments in the back half of 2025, the analyst tells investors in a research note. However, Seaport views Chewy’s investments as “offensive” that should drive further market share gains.
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Read More on CHWY:
- Chewy’s Hold Rating: Balancing Strong Performance with Growth Investment Concerns
- Chewy Inc. Reports Strong Q2 2025 Financial Performance
- JPMorgan trims Chewy target, says selloff overdone
- Chewy price target lowered to $48 from $49 at Citi
- Chewy’s Strong Growth Prospects and Strategic Initiatives Justify Buy Rating Despite EBITDA Concerns