Chegg (CHGG) Reports Q2 Loss of $0.12, Offers FY Guidance
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Piper Jaffray Raised Price Target on Chegg (CHGG) Following 2Q Results
August 4, 2015 8:49 AM EDTPiper Jaffray reiterated an Overweight rating on Chegg (NYSE: CHGG), and raised the price target to $9.50 (from $9.00), following 2Q earnings results. Chegg reported Q2 revenue of $67M, ahead of the Street at $64.2M. Non-GAAP EPS of $0.01 was slightly ahead of consensus at break-even. For Q3'15, Chegg guided to adj.... More
