Increasing unusual call option volume: IAA CHGG LOTZ INCY BLMN

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Chegg (CHGG) PT Lowered to $60 at Jefferies

November 3, 2021 7:38 AM EDT

Jefferies analyst Brent Thill lowered the price target on Chegg (NYSE: CHGG) to $60.00 (from $90.00) while maintaining a Buy rating.

The analyst commented, "CHGG revenue fell short of consensus for the 1st time in 19 quarters. Further, Q4 guidance for rev and adj... More