Barclays on Chewy Inc. (CHWY): rev guide 'should be a clearing event' and valuation 'compelling'
Barclays analyst Trevor Young reiterated an Overweight rating and $48.00 price target on Chewy Inc. (NYSE: CHWY)
The analyst commented, "Prelim FY26 rev guide of 7.9-9.1% growth was ahead of consensus at the low end and speaks to the durability of momentum in net add and NSPAC trends; this should be a clearing event for the stock. Valuation remains compelling. BC stake still an overhang."
For an analyst ratings summary and ratings history on Chewy Inc. click here. For more ratings news on Chewy Inc. click here.
Shares of Chewy Inc. closed at $23.45 yesterday.
