Chegg (CHGG) Tops Q4 EPS by 6c, Offers Guidance

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Chegg (CHGG) PT Raised to $53 at Needham & Company

February 11, 2020 6:23 AM EST

Needham & 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