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UPDATE: Chewy Inc. (CHWY) PT Lowered to $70 at Piper Sandler on Declining Margins in 2020 Due to Inflationary Headwinds

December 10, 2021 2:09 PM EST

(Updated - December 13, 2021 6:57 AM EST)

Piper Sandler analyst Peter Keith lowered the price target on Chewy Inc. (NYSE: CHWY) to $70.00 (from $100.00) while maintaining an Overweight rating following results.

The analyst comments "We maintain our OW rating and lower our PT... More