Chegg Reports Strong Q1 2017 Financial Results and Raises Full Year Guidance

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Go back to Chegg Reports Strong Q1 2017 Financial Results and Raises Full Year Guidance

Chegg (CHGG) PT Raised to $13 at Jefferies Following 1Q Beat and Raise

May 2, 2017 8:03 AM EDT

Jefferies raised its price target on Chegg (NYSE: CHGG) to $13.00 (from $12.00) while maintaining a Buy rating. Chegg reported a beat and raise quarter with solid results from Chegg Services. Net Revenues declined 6% Y/Y to $62.6MM compared to the Street at $58.5MM. non-GAAP EPS of $0.06... More