Chegg (CHGG) Posts Q1 Loss of $0.34/Share

Go back to Chegg (CHGG) Posts Q1 Loss of $0.34/Share

Chegg (CHGG) Posts a 'Good' Quarter, Jefferies Says; PT Raised to $14

May 7, 2015 8:41 AM EDT

Jefferies US Internet Team reiterated a Buy rating and boosted its price target on Chegg (NYSE: CHGG) to $14.00 (from $12.00) following solid Q1 results saying the company is "fully becoming a digital story."

The analyst team commented, "Chegg reported a good quarter with... More