Chegg Reports 2019 Financial Results and Raises 2020 Guidance
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Chegg (CHGG) PT Raised to $53 at Needham & Company
February 11, 2020 6:23 AM ESTNeedham & Company analyst Ryan MacDonald raised the price target on Chegg (NYSE: CHGG) to $53.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "We are reiterating our Buy rating, while raising our price target to $53 from $50 following CHGG's 4Q19 report in which the... More
Chegg (CHGG) Tops Q4 EPS by 6c, Offers Guidance
February 10, 2020 4:24 PM ESTChegg (NYSE: CHGG) reported Q4 EPS of $0.35, $0.06 better than the analyst estimate of $0.29. Revenue for the quarter came in at $125.5 million versus the consensus estimate of $122.97 million.
GUIDANCE:
Chegg sees FY2020 revenue of $522-257 million, versus the consensus of $520.25... More
